Assertion certainty 4/5 debate potential 1/5

Malang: Platform manages about 15,000 end-clients for B2B customers

Josh Malang · He Sold $400k Business for $1.5m Then Reinvested Everything into New Business · Feb 28, 2021 · at 11:36

Josh Malang discusses his insurance technology and service business model with Nathan Latka.

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“So we're managing about 15,000 clients on behalf of our customers.”

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 Josh Malang

Assertion Not checkable as stated
Malang's company generated $120,000 in its first month with a channel partner
“We actually generate about a 120,000 revenue in our first month with a channel partner.”
Josh Malang Feb 28, 2021 ▶ 4:09 He Sold $400k Business for $1.5m Then Reinvested Everything into New Business
Disclosure
Josh Malang's company pays a 30% revenue share to wholesale channel partners
“So we, we'll carve off about 30% of that.”
Josh Malang Feb 28, 2021 ▶ 5:58 He Sold $400k Business for $1.5m Then Reinvested Everything into New Business
Assertion Not checkable as stated
Josh Malang sold his retail insurance business lines for $1.5 million
“All in is about a million and a half bucks.”
Josh Malang Feb 28, 2021 ▶ 9:47 He Sold $400k Business for $1.5m Then Reinvested Everything into New Business
Assertion Not checkable as stated
Josh Malang spent $500,000 to $600,000 on an external development firm
“So the dev company, probably five, 600 K.”
Josh Malang Feb 28, 2021 ▶ 10:44 He Sold $400k Business for $1.5m Then Reinvested Everything into New Business
Disclosure
Josh Malang has invested several million dollars into his business over ten years
“I mean, several million bucks. I mean, since for the last decade.”
Josh Malang Feb 28, 2021 ▶ 13:08 He Sold $400k Business for $1.5m Then Reinvested Everything into New Business
Disclosure
Josh Malang's new business is currently burning around $100,000 per month
“So I would say probably a hundred grand a month.”
Josh Malang Feb 28, 2021 ▶ 13:34 He Sold $400k Business for $1.5m Then Reinvested Everything into New Business
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