Assertion Supported AI assessment confidence: 95% certainty 4/5 debate potential 1/5

Swan: Likefolio ingests every brand-mentioning tweet via official Twitter partnership

Andy Swan · 775: FinTech Founder: I'll Never Raise Capital Again! · Sep 7, 2017 · at 6:26

Andy Swan, co-founder of Likefolio, explains how Likefolio gathers raw social data to derive consumer purchase intent for hedge funds and companies.

0:00 / 0:07exact quote · 7.9s
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“We have a partnership with Twitter, we take in every tweet that is mentioning a brand or product that's owned by a publicly traded company, and then”

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More from Andy Swan

Assertion Not checkable as stated
Swan: Boutique hedge fund market outnumbers high-end quant funds by 10,000
“We just launched the Likefolio on demand model where we're servicing these smaller boutique type of hedge funds, and so it could turn out, because there's so many more of them, there's, you know, 10 to 13,000 of those, whereas the quantitative funds, there's m…”
Andy Swan Sep 7, 2017 ▶ 8:36 775: FinTech Founder: I'll Never Raise Capital Again!
Disclosure
Swan: Likefolio will never raise outside capital to preserve founder ownership
“No, we have not raised capital and don't plan on it. This is something I want to own all of.”
Andy Swan Sep 7, 2017 ▶ 11:18 775: FinTech Founder: I'll Never Raise Capital Again!
Disclosure
Swan: Raising capital months before acquisition caused unnecessary founder dilution
“I don't think that we ever really tapped into that money because we sold the company like three or four months after, after raising. So really we just diluted our own ownership and kind of a lesson learned there.”
Andy Swan Sep 7, 2017 ▶ 3:54 775: FinTech Founder: I'll Never Raise Capital Again!
Disclosure
Swan: Likefolio client contracts strictly ban disclosing client relationships or testimonials
“In fact, what's really crazy about this climate is we can't give testimony. We can't share testimonials. We can't share usage numbers because every contract that we have with these clients is buttoned up and so secure. We're not allowed to disclose even that w…”
Andy Swan Sep 7, 2017 ▶ 9:12 775: FinTech Founder: I'll Never Raise Capital Again!
Assertion Not checkable as stated
Swan: Likefolio's sentiment analysis model has a 2% to 4% error rate
“About two to four percent, depending on the company, of our sentiment where we're, we register a sentiment, positive or negative, is a miss.”
Andy Swan Sep 7, 2017 ▶ 15:08 775: FinTech Founder: I'll Never Raise Capital Again!
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