Assertion certainty 4/5 debate potential 1/5

rfactr deployed $9M across seed funding and founder capital

Richard Brasser · EP 623: rfactr Raises $9m, $900k MRR Helping 220 Customers With Social Selling With CEO Richard Brasser · Apr 8, 2017 · at 5:18

Richard Brasser, CEO of rfactr, discusses total capital invested into the business to date with Nathan Latka.

0:00 / 0:01exact quote · 1.8s

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“I risked about nine million dollars.”

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The claim, plainly

rfactr has raised and capitalized about $9 million through seed funding and internal founder capital.

a quote alone can be ambiguous, so this restates it with the references and context of the conversation around it resolved. AI-written; the tape below the player is the source.

How this resolves

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Mentioned

rfactr Richard Brasser

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Disclosure

rfactr is approaching $1M in monthly recurring revenue

“Not actually not quite, but it's, yeah, I'm close. We're close.”

Richard Brasser Apr 8, 2017 ▶ 10:04 EP 623: rfactr Raises $9m, $900k MRR Helping 220 Customers With Social Selling With CEO Richard Brasser

Disclosure

rfactr reached nearly $1M MRR with zero paid acquisition spend

“We do not.”

Richard Brasser Apr 8, 2017 ▶ 12:12 EP 623: rfactr Raises $9m, $900k MRR Helping 220 Customers With Social Selling With CEO Richard Brasser

Assertion Not checkable as stated

rfactr co-developed its platform with Microsoft, Oracle, and SAP

“We started with the top of the enterprise, so we cut this solution and developed it in conjunction with companies like Microsoft, Oracle, SAP you know, and a lot of others, and now we're coming down market.”

Richard Brasser Apr 8, 2017 ▶ 3:59 EP 623: rfactr Raises $9m, $900k MRR Helping 220 Customers With Social Selling With CEO Richard Brasser

Assertion Contradicted

rfactr raised its $3.25M seed round in 2010

“The last round was in 2000 10, and we raised 3.25.”

Richard Brasser Apr 8, 2017 ▶ 7:16 EP 623: rfactr Raises $9m, $900k MRR Helping 220 Customers With Social Selling With CEO Richard Brasser

Assertion Not checkable as stated

Founders sold a previous community product spin-off for over $5M

“It was for more.”

Richard Brasser Apr 8, 2017 ▶ 9:04 EP 623: rfactr Raises $9m, $900k MRR Helping 220 Customers With Social Selling With CEO Richard Brasser

Disclosure

rfactr manages 220 enterprise clients with an 18-person team

“So very small 18 folks servicing about 220 clients.”

Richard Brasser Apr 8, 2017 ▶ 9:32 EP 623: rfactr Raises $9m, $900k MRR Helping 220 Customers With Social Selling With CEO Richard Brasser

rfactr deployed $9M across seed funding and founder capital

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