Assertion certainty 4/5 debate potential 1/5

Grain's paid customer base is split 50/50 between Unlimited and Pro tiers

Mike Adams · Zoom Recording Tool Grain Hits 300 Teams, On Track for $1m ARR, New $3m Raise in Upround · May 25, 2021 · at 15:43

Mike Adams explains Grain's revenue mix across its $12/month Pro and $36/month Unlimited tiers to host Nathan Latka.

0:00 / 0:03exact quote · 3.8s

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“We're about 50, 50 between people who are on unlimited and people who are on pro.”

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The claim, plainly

Grain's paying customer base is split roughly 50/50 between its Unlimited plan and its Pro plan.

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

Grain

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Disclosure

Mike Adams discloses unannounced $3M SAFE raise for Grain

“So it's one at the beginning and then three in a price round, that four was announced and we raised an additional three that has not yet been announced.”

Mike Adams May 25, 2021 ▶ 7:21 Zoom Recording Tool Grain Hits 300 Teams, On Track for $1m ARR, New $3m Raise in Upround

Prediction Not checkable as stated

Grain is on track to hit $1M ARR by end of 2021

“Oh, absolutely. I mean, for us, the growth rate is continuing to grow and increase. We've just been, just begun to tap the market. And so we're absolutely on track for that, that being our goal this year.”

Mike Adams May 25, 2021 ▶ 15:56 Zoom Recording Tool Grain Hits 300 Teams, On Track for $1m ARR, New $3m Raise in Upround

Disclosure

Adams: MissionU had $8.5M in cash when acquired by WeWork

“We still had an eight and a half million dollars in the bank. So we made a call. It's not like we ran out of the money.”

Mike Adams May 25, 2021 ▶ 3:28 Zoom Recording Tool Grain Hits 300 Teams, On Track for $1m ARR, New $3m Raise in Upround

Disclosure

Adams: MissionU's acquisition by WeWork was a flat exit

“It's a flat exit for everybody.”

Mike Adams May 25, 2021 ▶ 2:06 Zoom Recording Tool Grain Hits 300 Teams, On Track for $1m ARR, New $3m Raise in Upround

Disclosure

Grain co-founder Mike Adams discloses $7M raised and 15-person team size

“So it's been about seven million dollars total that we raised. And our team is about 15 people.”

Mike Adams May 25, 2021 ▶ 7:08 Zoom Recording Tool Grain Hits 300 Teams, On Track for $1m ARR, New $3m Raise in Upround

Assertion Not checkable as stated

Adams confirms Grain's follow-on SAFE had a substantially higher valuation cap

“Substantially higher.”

Mike Adams May 25, 2021 ▶ 8:42 Zoom Recording Tool Grain Hits 300 Teams, On Track for $1m ARR, New $3m Raise in Upround

Grain's paid customer base is split 50/50 between Unlimited and Pro tiers

More from Mike Adams

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