Assertion certainty 4/5 debate potential 1/5

Sheikh: XIQ has experienced zero customer churn on annual plans

Usman Sheikh · EP 523: xIQ Using AI to Power Sales Teams with $1.1m Raised with CEO Usman Sheikh · Dec 29, 2016 · at 12:31

Usman Sheikh, founder and CEO of XIQ, confirms to Nathan Latka that the company has not had any customer cancellations or refund requests.

0:00 / 0:01exact quote · 2.0s
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“As of yet, no, we have not.”

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 Usman Sheikh

Assertion Not checkable as stated
Sheikh: XIQ corporate customers pay an average of $7,000 monthly
“Yeah, on average about 7000 a month.”
Usman Sheikh Dec 29, 2016 ▶ 6:43 EP 523: xIQ Using AI to Power Sales Teams with $1.1m Raised with CEO Usman Sheikh
Disclosure
Genpact is a paying xIQ customer running two platform instances
“We have a customer called Genpact. It's a big business process outsourcing and consulting firm. They have we are doing Two instances with them.”
Usman Sheikh Dec 29, 2016 ▶ 7:24 EP 523: xIQ Using AI to Power Sales Teams with $1.1m Raised with CEO Usman Sheikh
Assertion Not checkable as stated
Sheikh expects large enterprise accounts to average $250,000 annually
“We believe that, you know, per year on an average, some of our large enterprise customers can easily be quarter million or average quarter million dollars.”
Usman Sheikh Dec 29, 2016 ▶ 13:53 EP 523: xIQ Using AI to Power Sales Teams with $1.1m Raised with CEO Usman Sheikh
Assertion Not checkable as stated
Sheikh: Companies can set up xIQ in under 30 minutes
“Companies come in, they can set up in less than half hour and start getting the benefits of the product and the platform immediately.”
Usman Sheikh Dec 29, 2016 ▶ 4:03 EP 523: xIQ Using AI to Power Sales Teams with $1.1m Raised with CEO Usman Sheikh
Disclosure
xIQ raised $1.125 million across seed and institutional funding rounds
“The seed round was about 125,000, and then subsequently we've raised another million dollars.”
Usman Sheikh Dec 29, 2016 ▶ 5:07 EP 523: xIQ Using AI to Power Sales Teams with $1.1m Raised with CEO Usman Sheikh
Assertion Not checkable as stated
Sheikh: XIQ has about 10 corporate customers
“So we have, as an, as corporate customers, we have about 10 corporate customers as of now.”
Usman Sheikh Dec 29, 2016 ▶ 6:03 EP 523: xIQ Using AI to Power Sales Teams with $1.1m Raised with CEO Usman Sheikh
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