Assertion certainty 4/5 debate potential 1/5

Hames: WorkSandy Spent Just Shy of $1M Developing Tamara's Software

Ray Hames · Deal! How She Spun SaaS out of $5.5m Agency · Aug 7, 2023 · at 10:24

Ray Hames, founder of WorkSandy and Tamara, details the capital and development costs incurred by her agency prior to spinning out the SaaS platform.

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“I mean, like just shy of a million, just shy of a million.”

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Insight
Hames: 50-50 equity splits cause confusion over who holds ultimate responsibility
“I was a fifty-fifty owner in Sandy, and sometimes that created confusion, honestly, about like, who's doing what, and who's the most vested, who has the most vested interest here, and I think that for me going into Teamera, I needed to know at the end of the d…”
Ray Hames Aug 7, 2023 ▶ 9:23 Deal! How She Spun SaaS out of $5.5m Agency
Assertion Not checkable as stated
Hames: Surviving ad agencies charge 50% markups; 3x margins are dead
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Ray Hames Aug 7, 2023 ▶ 12:50 Deal! How She Spun SaaS out of $5.5m Agency
Assertion Not checkable as stated
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“We did five million last year in revenue.”
Ray Hames Aug 7, 2023 ▶ 5:56 Deal! How She Spun SaaS out of $5.5m Agency
Disclosure
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