Assertion certainty 4/5 debate potential 1/5

Zach Hungate: Simplifeye maintains 98% annual customer retention

Zach Hungate · 713: You'll Never Guess What Salary They Gave Up To Launch Their Startup · Jul 7, 2017 · at 12:49

Zach Hungate, co-founder of Simplifeye, discusses customer churn and retention performance with host Nathan Latka.

0:00 / 0:03exact quote · 3.5s

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“We're good. We've got 98% retention. People really love the product.”

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The claim, plainly

Simplifeye maintains a 98% annual customer retention rate.

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Mentioned

Simplifeye Zach Hungate

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Assertion Supported

Zach Hungate: Simplifeye was the first wearable-first healthcare SaaS product

“So we actually started on the Apple Watch. I think we're the first company that went all in wearable first, and so over the last year, we built out the suite to be on the phone, on the desktop,”

Zach Hungate Jul 7, 2017 ▶ 9:32 713: You'll Never Guess What Salary They Gave Up To Launch Their Startup

Assertion Not checkable as stated

Zach Hungate: Simplifeye was one of 10 to 12 selected from 10,000 AngelPad applicants

“Over 10,000 companies applied, and we were one of 10 or 12, and so things worked out really well.”

Zach Hungate Jul 7, 2017 ▶ 4:21 713: You'll Never Guess What Salary They Gave Up To Launch Their Startup

Assertion Partly supported

Zach Hungate: Simplifeye has raised about $3.5M in total funding

“About three and a half million.”

Zach Hungate Jul 7, 2017 ▶ 6:21 713: You'll Never Guess What Salary They Gave Up To Launch Their Startup

Assertion Supported

Zach Hungate: AngelPad invests $50K for 5% to 7% equity

“They put 50 K in and then the equity is up for grabs, but it's about, yeah, five to seven.”

Zach Hungate Jul 7, 2017 ▶ 6:28 713: You'll Never Guess What Salary They Gave Up To Launch Their Startup

Zach Hungate: Simplifeye maintains 98% annual customer retention

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