Assertion certainty 4/5 debate potential 1/5

Tassi: 35 of SMD's 98 customers are on lifetime deals

Andras Tassi · He Sold 0.7% For $50k With $100k ARR ($7m Valuation). Mistake? · Mar 21, 2021 · at 7:17

Andras Tassi, co-founder of SMD, clarifies the composition of his paying customer base during an interview with Nathan Latka.

0:00 / 0:07exact quote · 7.6s
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“No, there are 35 companies who paid one time and the upselling to them services, and then everyone else is paid by month, yes.”

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More from Andras Tassi

Disclosure
Andras Tassi raised £35,000 for SMD at a $7 million valuation
“We got 35,000 pounds from like friends and one particle client who invested in based on a seven million dollar valuation.”
Andras Tassi Mar 21, 2021 ▶ 8:55 He Sold 0.7% For $50k With $100k ARR ($7m Valuation). Mistake?
Prediction Not checkable as stated
Andras Tassi predicts SMD will reach $500,000 in revenue in 2021
“We will definitely double the revenue for last year, but I think it will be probably about half a million.”
Andras Tassi Mar 21, 2021 ▶ 12:52 He Sold 0.7% For $50k With $100k ARR ($7m Valuation). Mistake?
Assertion Not checkable as stated
Tassi: SMD reached $10k MRR after landing four large hybrid clients
“The last month in February, we actually start, that the system will be built now, especially sales and the connections are start to work out, and we land it for big clients. That's it. It's basically package and SAS combined together.”
Andras Tassi Mar 21, 2021 ▶ 5:22 He Sold 0.7% For $50k With $100k ARR ($7m Valuation). Mistake?
Assertion Not checkable as stated
Tassi: SMD has 98 customers
“We got 98 customers at the moment.”
Andras Tassi Mar 21, 2021 ▶ 5:39 He Sold 0.7% For $50k With $100k ARR ($7m Valuation). Mistake?
Assertion Not checkable as stated
Tassi: SMD acquires all new customers via organic social media
“The new customers who we acquiring is all organic social media.”
Andras Tassi Mar 21, 2021 ▶ 7:05 He Sold 0.7% For $50k With $100k ARR ($7m Valuation). Mistake?
Assertion Not publicly verifiable
Tassi: SMD pivoted from hospitality to franchises after COVID-19 hit
“Well, we officially launched the software in February. So last February when the COVID started and that was a huge hit and it's really, really didn't work out for us because our main niche was restaurants, casinos, and hotels. So it was a disaster for the soft…”
Andras Tassi Mar 21, 2021 ▶ 8:13 He Sold 0.7% For $50k With $100k ARR ($7m Valuation). Mistake?
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