Assertion Partly supported AI assessment confidence: 85% certainty 4/5 debate potential 1/5

Russo: TimeSlips Did $5.6M in Revenue When Acquired by Sage in 1994

Mitch Russo · 930 How a $10m Software Guy Ends up In Furniture Business and Tony Robbins · Feb 9, 2018 · at 3:43

Mitch Russo, co-founder of TimeSlips, discusses the financial metrics of his software company at the time of its acquisition by Sage.

0:00 / 0:03exact quote · 3.8s

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“Revenue was about 5.6 million.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

The claim, plainly

TimeSlips was generating approximately $5.6 million in revenue when it was sold to Sage in 1994.

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.

Assessment

Contemporaneous reporting by The Independent on August 23, 1994, regarding The Sage Group plc's acquisition of Timeslips confirms that in the financial year ending December 31, 1993 (the last full fiscal year prior to the August 1994 sale), Timeslips had sales of $5.4 million (and estimated 1994 calendar year revenue at over $7.0 million). Mitch Russo's recollection of 'about $5.6 million' represents a small variance (approx. 3.7%) from the documented $5.4 million figure.

The Independent (August 23, 1994) reported that Timeslips had sales of $5.4 million for the financial year ending December 31, 1993, when acquired by Sage Group plc for $5.1 million upfront plus earn-outs.

Checked against

[1] independent.co.uk [2] techmonitor.ai [3] sramanamitra.com [4] sramanamitra.com

"Timeslips" "Sage" 1994 revenue OR million OR "North Edge" "Sage" acquired "Timeslips" 1994 "5.6 million" OR "turnover" OR "sales" "Mitch Russo" "Timeslips" revenue 1994 OR 1993 OR "5.6 million" OR "Sage" "Timeslips" "Sage" 1994 "acquisition" OR "acquired" "million"

assessed as of 2026-09-02

This assessment is an AI reading of a public statement, made against the cited references with the confidence shown. It can be wrong. The quote, the tape and the references are all on this page; if something is off, use report an error below. full disclaimer →

Mentioned

Sage TimeSlips

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Russo: TimeSlips Did $5.6M in Revenue When Acquired by Sage in 1994

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