Disclosure certainty 3/5 debate potential 1/5

Sonnenberg: Calvin App is looking to raise around $750k

Nick Sonnenberg · He Pushed Button, $1 Trillion Transferred with Nick Sonnenbergof CalvinApp · Jan 28, 2016 · at 6:18

Nick Sonnenberg explains the target size of Calvin App's upcoming fundraising round to host Nathan Latka.

0:00 / 0:04exact quote · 4.3s
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“No, we're looking to raise less. I mean, we're looking to raise around 750.”

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 →

More from Nick Sonnenberg

Assertion Not checkable as stated
Sonnenberg: HFT firm invested millions in NY-to-Chicago microwave links to cut microseconds
“We were like, You know, investing tons of millions and millions in like microwave technology to submit packets or to ship from New York to Chicago to save literally microseconds.”
Nick Sonnenberg Jan 28, 2016 ▶ 2:40 He Pushed Button, $1 Trillion Transferred with Nick Sonnenbergof CalvinApp
Disclosure
Sonnenberg traded $5B to $10B in US stocks on certain days
“I mean, I traded for eight years, and I mean, especially in the US, which is a very liquid market, I mean, some days I would trade, ah, you know, ah, five to ten billion dollars worth of, ah, of stock, so.”
Nick Sonnenberg Jan 28, 2016 ▶ 3:31 He Pushed Button, $1 Trillion Transferred with Nick Sonnenbergof CalvinApp
Assertion Not checkable as stated
Sonnenberg earned seven figures by age 25 in high-frequency trading
“I was making seven figures when I was 25, 26.”
Nick Sonnenberg Jan 28, 2016 ▶ 4:48 He Pushed Button, $1 Trillion Transferred with Nick Sonnenbergof CalvinApp
Disclosure
Sonnenberg: Calvin App funded with $200k personal capital and $200k friends/family
“I've put in 200,000 dollars and we've raised like from friends and family another 200,000.”
Nick Sonnenberg Jan 28, 2016 ▶ 5:54 He Pushed Button, $1 Trillion Transferred with Nick Sonnenbergof CalvinApp
Assertion Not checkable as stated
Sonnenberg: Scheduling Meetings Takes Average of 7.2 Back-and-Forths
“And on average, this is a stat from Ari. It's 7.2 back and forth for two people to find a time to meet and it's exponential for more.”
Nick Sonnenberg Jan 28, 2016 ▶ 8:17 He Pushed Button, $1 Trillion Transferred with Nick Sonnenbergof CalvinApp
Assertion Not checkable as stated
Sonnenberg: Calvin App has around 400 active users weeks after launch
“We literally just went into the app store the other a few weeks ago. So, I mean, we're like around four, 400 ish right now.”
Nick Sonnenberg Jan 28, 2016 ▶ 10:57 He Pushed Button, $1 Trillion Transferred with Nick Sonnenbergof CalvinApp
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