Assertion certainty 4/5 debate potential 1/5

Seth: Average WorkforceNext customer has 90 to 100 employees

Gaurav Seth · Employee time tracking app hits $180,000, founder owns 100% · May 27, 2022 · at 3:35

WorkforceNext founder Gaurav Seth describes typical customer team size and revenue economics to Nathan Latka.

0:00 / 0:09exact quote · 9.9s
720p mp4 · rendered on demand · StarZero watermark
“Yeah, every, every customer the average size of company we are handling is people are having 90 to a hundred employees in their organization.”

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 Gaurav Seth

Disclosure
Gaurav Seth owns 100% of WorkforceNext despite having a technical co-founder
“Right now I have a hundred percent of equity.”
Gaurav Seth May 27, 2022 ▶ 10:24 Employee time tracking app hits $180,000, founder owns 100%
Disclosure
WorkforceNext splits all earnings 50/50 with its non-equity technical co-founder
“So yeah, but we have the equal salary model. So whatever we are earning, we are splitting that in equal amount.”
Gaurav Seth May 27, 2022 ▶ 10:45 Employee time tracking app hits $180,000, founder owns 100%
Assertion Not checkable as stated
Gaurav Seth: WorkforceNext maintains approximately a 70% profit margin
“Yeah, approximately we have a 70% profit in our total account.”
Gaurav Seth May 27, 2022 ▶ 12:38 Employee time tracking app hits $180,000, founder owns 100%
Assertion Not publicly verifiable
Gaurav Seth says LG uses the WorkforceNext platform
“LG is using our platform and there are some production.”
Gaurav Seth May 27, 2022 ▶ 2:48 Employee time tracking app hits $180,000, founder owns 100%
Disclosure
Gaurav Seth plans to offer his co-founder equity upon raising funds
“I mean, I have particular plan that as soon as we start raising the fund, I will offer him some equity as well.”
Gaurav Seth May 27, 2022 ▶ 11:14 Employee time tracking app hits $180,000, founder owns 100%
Assertion Not checkable as stated
Gaurav Seth: WorkforceNext has lost only one or two customers since launch
“So we have quite low churn rate right now. So since we started we have one or two customer only drop.”
Gaurav Seth May 27, 2022 ▶ 13:41 Employee time tracking app hits $180,000, founder owns 100%
Made with StarZero

Turn any episode into a week of clips.

This entire site, over 2,600 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.