Nathan Latka questions OpenSky founder Egbert Oostburg about his personal income and runway before launching his startup.
0:00 / 0:05exact quote · 5.2s
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“My revenue last year, if you want to go, go forward, it was less than 30,000 for the year.”
quote is from the automated transcript, cleaned for reading:
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More from Egbert Oostberg
PredictionNot checkable as stated
Oostburg: Drone Aviator projects 50,000 members will join
“Beyond that, we see that we're going to about 50,000 people joining the organization just based on our PNLs and looking at the projections of numbers sold and the amount of people getting registered with the FAA.”
Egbert OostbergSep 25, 2016▶ 11:22EP 428: Super Creative Dad of 4 Buys Time By Minimizing Expenses, Launches Drone Info Company with Egbert Oostburg
Disclosure
Oostberg: Drone Aviator Raised Under $100K Seed Funding
“Just under a hundred grand.”
Egbert OostbergSep 25, 2016▶ 4:02EP 428: Super Creative Dad of 4 Buys Time By Minimizing Expenses, Launches Drone Info Company with Egbert Oostburg
AssertionSupported
Oostburg: FAA has 500,000 registered users despite 2.5M drones sold
“The big key is that they only have about half a million people registered, and there's two and a half million drones that have actually been sold, so there's still a pretty decent delta of people that have not registered, that have purchased a drone”
Egbert OostbergSep 25, 2016▶ 11:47EP 428: Super Creative Dad of 4 Buys Time By Minimizing Expenses, Launches Drone Info Company with Egbert Oostburg
Disclosure
Oostburg: OpenSky plans to monetize by offering drone insurance
“The way we're making money right now is we're looking to provide them with not only discovery and safety, but also insurance.”
Egbert OostbergSep 25, 2016▶ 3:14EP 428: Super Creative Dad of 4 Buys Time By Minimizing Expenses, Launches Drone Info Company with Egbert Oostburg
PredictionNot checkable as stated
Oostberg: Drone Aviator Targets $50K Revenue Next Quarter
“Total, we just started in twenty-fifteen, so right now we're looking to bring in around 50 grand here the next quarter.”
Egbert OostbergSep 25, 2016▶ 3:26EP 428: Super Creative Dad of 4 Buys Time By Minimizing Expenses, Launches Drone Info Company with Egbert Oostburg
AssertionNot checkable as stated
Oostberg: Drone Aviator Is Currently Pre-Revenue
“Well, drone aviator right now is, is pre-revenue.”
Egbert OostbergSep 25, 2016▶ 3:43EP 428: Super Creative Dad of 4 Buys Time By Minimizing Expenses, Launches Drone Info Company with Egbert Oostburg
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