Assertion certainty 4/5 debate potential 1/5

Subramanian: Shopinpal's MRR has crossed $20,000

Shuram Subramanian · 153 Brands Use Them To Report Sales Volume to Shopping Malls, $20k in MRR, $1.5m Raised · Jun 10, 2020 · at 14:45

Shopinpal founder Shuram Subramanian breaks down his SaaS customer pricing and revenue composition.

0:00 / 0:13exact quote · 13.1s
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“Yeah, so since some of those end up being higher amounts as well because of the enterprise slash platform guys, our recurring component has crossed 20,000 dollars.”

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More from Shuram Subramanian

Assertion Not checkable as stated
Subramanian: 70% of Shopinpal's prior-year revenue was custom development
“So last year it was 70% was custom development.”
Shuram Subramanian Jun 10, 2020 ▶ 5:29 153 Brands Use Them To Report Sales Volume to Shopping Malls, $20k in MRR, $1.5m Raised
Prediction Not checkable as stated
Subramanian: Shopinpal aims to reduce custom dev revenue under 20% by March
“Whereas this year we are quickly moving to the model where hopefully by March we would have reversed it to less than 20% being custom development.”
Shuram Subramanian Jun 10, 2020 ▶ 5:33 153 Brands Use Them To Report Sales Volume to Shopping Malls, $20k in MRR, $1.5m Raised
Assertion Not checkable as stated
Subramanian: Shopinpal has achieved profitability
“So we are now profitable.”
Shuram Subramanian Jun 10, 2020 ▶ 9:46 153 Brands Use Them To Report Sales Volume to Shopping Malls, $20k in MRR, $1.5m Raised
Disclosure
Subramanian: Shopinpal has raised over $1.5 million to date
“A little over one and a half million.”
Shuram Subramanian Jun 10, 2020 ▶ 10:01 153 Brands Use Them To Report Sales Volume to Shopping Malls, $20k in MRR, $1.5m Raised
Assertion Not checkable as stated
Subramanian: Shopinpal's latest deals reach close to $75,000 in annualized revenue
“The latest deals we have closed have an analyzed revenue of close to 75,000 dollars.”
Shuram Subramanian Jun 10, 2020 ▶ 11:56 153 Brands Use Them To Report Sales Volume to Shopping Malls, $20k in MRR, $1.5m Raised
Prediction Not checkable as stated
Subramanian expects Shopinpal to pass $1M revenue run rate by July 2020
“That's the plan is July of this year.”
Shuram Subramanian Jun 10, 2020 ▶ 12:37 153 Brands Use Them To Report Sales Volume to Shopping Malls, $20k in MRR, $1.5m Raised
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