Assertion certainty 4/5 debate potential 1/5

OpenSponsorship has over 700 brands signed up for its free tier

Ishvin Anand · Female Led SaaS Company $3m ARR Goal By EOY 2016 with Ishveen Anand of OpenSponsorship EP 213 · Mar 31, 2016 · at 5:38

Ishveen Anand is the founder and CEO of OpenSponsorship, a marketplace connecting brands with sports sponsorship opportunities.

0:00 / 0:07exact quote · 7.2s
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“So we actually have over 700 brands signed up to the platform, but we launched with a free marketplace, a bit like an Airbnb.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

More from Ishvin Anand

Prediction Not checkable as stated
Anand aims for OpenSponsorship to hit $2M to $3M revenue in 2016
“And, you know I would like to say that we should be at Kind of two, three million by the end of the year.”
Ishvin Anand Mar 31, 2016 ▶ 6:42 Female Led SaaS Company $3m ARR Goal By EOY 2016 with Ishveen Anand of OpenSponsorship EP 213
Assertion Not checkable as stated
OpenSponsorship claims its customer acquisition cost is around $30
“It's around 30 dollars.”
Ishvin Anand Mar 31, 2016 ▶ 7:41 Female Led SaaS Company $3m ARR Goal By EOY 2016 with Ishveen Anand of OpenSponsorship EP 213
Disclosure
OpenSponsorship charges brands $400 monthly plus commission on cash deals
“We charge it around 400 dollars a month. So it's not a kind of huge barrier to entry. And then when a deal is done, that is a cash deal because you can do product deals where you just gift product, you can do a royalty, like an affiliate marketing deal. But if…”
Ishvin Anand Mar 31, 2016 ▶ 3:28 Female Led SaaS Company $3m ARR Goal By EOY 2016 with Ishveen Anand of OpenSponsorship EP 213
Assertion Not checkable as stated
OpenSponsorship has around 25 paying brand customers
“Around 25.”
Ishvin Anand Mar 31, 2016 ▶ 3:56 Female Led SaaS Company $3m ARR Goal By EOY 2016 with Ishveen Anand of OpenSponsorship EP 213
Disclosure
OpenSponsorship pegs minimum customer lifetime value at $1,200
“So we think that people will sign up for between three and six months ago. So we kind of peg it at the low end at 1200.”
Ishvin Anand Mar 31, 2016 ▶ 8:47 Female Led SaaS Company $3m ARR Goal By EOY 2016 with Ishveen Anand of OpenSponsorship EP 213
Disclosure
Anand reveals receiving a signed term sheet live on the podcast
“While you speak to us, we actually just got a, like a signed term sheet today from someone, so it kind of changes the game.”
Ishvin Anand Mar 31, 2016 ▶ 13:48 Female Led SaaS Company $3m ARR Goal By EOY 2016 with Ishveen Anand of OpenSponsorship EP 213
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