Prediction certainty 3/5 debate potential 1/5

Powers: Physna will add 100 to 200 paying customers next year

Paul Powers · Physna Raises $7m More for Geometric Deep Learning in 3d · Mar 25, 2021 · at 7:55

Paul Powers outlines Physna's customer acquisition targets for the upcoming year during an interview with Nathan Latka.

0:00 / 0:08exact quote · 8.5s
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“Yeah, so I would say that next year, our goal for next year is to add on probably about, I would think we'll get to maybe another hundred or 200 paying customers.”

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More from Paul Powers

Prediction Not checkable as stated
Powers: Physna will hit at least $5M ARR by end of 2019
“We should be at least at about five million recurring annual revenue at the end of 2019.”
Paul Powers Mar 25, 2021 ▶ 9:23 Physna Raises $7m More for Geometric Deep Learning in 3d
Opinion
Legacy 3D tech relies on 2D methods, lacking native 3D understanding
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Assertion Not checkable as stated
Powers: Physna delivers a 15-to-1 ROI, saving $37,440 per user annually
“We saved the average customer 37,440 dollars per user per year that they're with us but the average cost per user is going to be 2500, so it's a 15 to one ratio of savings to cost.”
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Assertion Not checkable as stated
Powers: Pre-Physna tech failed to analyze 3D models natively
“We realized that nothing was actually built to understand three D from a three D perspective. Everything was just a two D technology like point cloud or whatever, trying to understand three D.”
Paul Powers Feb 21, 2020 ▶ 4:22 1672 How This Lawyer Pivoted from IP Protection to CAD Editing with NASA
Prediction Not checkable as stated
Powers: Physna should reach at least $5M ARR by end of 2019
“We should be at least at about five million recurring annual revenue at the end of 2019.”
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Disclosure
Powers: Physna costs $2,500 per user annually with 15-to-1 ROI
“But the average cost per user is gonna be 2500, so it's a 15 to one ratio of savings to cost.”
Paul Powers Mar 25, 2021 ▶ 3:17 Physna Raises $7m More for Geometric Deep Learning in 3d
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