Disclosure certainty 4/5 debate potential 1/5

Frederick: Circle grows revenue 25% to 30% year-over-year

Robert Frederick · 1305 He Built AWS, Now Raised $9m at $30m Post for IoT Solution, $300k MRR · Feb 19, 2019 · at 16:15

Circle founder Robert Frederick reports the company's annual revenue growth rate during an interview with Nathan Latka.

0:00 / 0:03exact quote · 3.1s
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“We're basically around 25 to 30%. Year over year.”

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 Robert Frederick

Disclosure
Circle's passive radio tracking acts as surveillance without user opt-in
“We do that without even having a need to opt-in. It's sort of like radio surveillance.”
Robert Frederick Feb 19, 2019 ▶ 8:22 1305 He Built AWS, Now Raised $9m at $30m Post for IoT Solution, $300k MRR
Assertion Supported
Frederick: Circle's patented hardware tracks indoor locations with shoulder-to-shoulder accuracy
“So we actually have patented hardware with multiple radios inside of it, and those radios, when you place the devices in in the right configuration around a room or a space, hallways, whatever, a stadium, A hotel, a casino, a hospital, you name it, a retail st…”
Robert Frederick Feb 19, 2019 ▶ 4:15 1305 He Built AWS, Now Raised $9m at $30m Post for IoT Solution, $300k MRR
Assertion Not checkable as stated
Frederick: Circle's revenue split is roughly 70% software and 30% hardware
“Oh, it's probably around 7030. When it comes to software to 30% harder if that makes sense.”
Robert Frederick Feb 19, 2019 ▶ 3:40 1305 He Built AWS, Now Raised $9m at $30m Post for IoT Solution, $300k MRR
Assertion Partly supported
Circle: Raised $9M at a $20M pre-money valuation
“Nine million at a 20 pre, so about thirty million dollars is the valuation of the company.”
Robert Frederick Feb 19, 2019 ▶ 12:50 1305 He Built AWS, Now Raised $9m at $30m Post for IoT Solution, $300k MRR
Disclosure
Circle has 15 enterprise customers paying up to hundreds of thousands monthly
“15. 15. major, major customers. And like I said tens of thousands a month. Yep. upwards to hundreds of thousands.”
Robert Frederick Feb 19, 2019 ▶ 14:27 1305 He Built AWS, Now Raised $9m at $30m Post for IoT Solution, $300k MRR
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