Assertion certainty 4/5 debate potential 1/5

Glints generated only $7,000 in revenue during its first operating year

Chin-Un Looi · EP 319: He's 23 And His Asian Parents Don't Like The Non-Traditional Entprenreuer Route He's Taking · Jun 8, 2016 · at 4:43

Chin-Un Looi, COO and CMO of career platform Glints, shares early revenue numbers with host Nathan Latka.

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“Our first year revenue was actually only 7000 and that's 7000 across the entire year.”

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Assertion Not checkable as stated
Glints grows talent database 15% monthly on under $1k marketing spend
“So in terms of our talent database, our month-on-month growth is actually 15%, and what we are really excited about, it's that we spend less than a thousand dollars on marketing per month.”
Chin-Un Looi Jun 8, 2016 ▶ 10:29 EP 319: He's 23 And His Asian Parents Don't Like The Non-Traditional Entprenreuer Route He's Taking
Assertion Not checkable as stated
Glints became cash flow positive within its first five years
“If you asked me five years ago, I would never be expected to build a company, but here I am five years later, building a company that's cashflow positive and it's amazing.”
Chin-Un Looi Jun 8, 2016 ▶ 2:54 EP 319: He's 23 And His Asian Parents Don't Like The Non-Traditional Entprenreuer Route He's Taking
Assertion Not checkable as stated
Looi: Glints Reached Nearly $500,000 in Total Revenue in 2015
“Our total revenue of 2015 is almost half a million.”
Chin-Un Looi Jun 8, 2016 ▶ 4:54 EP 319: He's 23 And His Asian Parents Don't Like The Non-Traditional Entprenreuer Route He's Taking
Assertion Partly supported
Looi: Glints Raised $500,000 from 500 Startups and East Ventures
“So in late, we raised half a million from investors based in Asia and U S the most notable include people like 500 startups and East ventures.”
Chin-Un Looi Jun 8, 2016 ▶ 5:51 EP 319: He's 23 And His Asian Parents Don't Like The Non-Traditional Entprenreuer Route He's Taking
Assertion Not checkable as stated
Looi: Glints has placed over 2,500 students and graduates into jobs
“In terms of, once again, this is the data that we only have received. We have placed 2500 Of these students and fresh graduates into jobs.”
Chin-Un Looi Jun 8, 2016 ▶ 6:44 EP 319: He's 23 And His Asian Parents Don't Like The Non-Traditional Entprenreuer Route He's Taking
Assertion Not checkable as stated
Looi: The average employer pays Glints $1,000
“The average employer pays 1000 dollars.”
Chin-Un Looi Jun 8, 2016 ▶ 8:30 EP 319: He's 23 And His Asian Parents Don't Like The Non-Traditional Entprenreuer Route He's Taking
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