Disclosure certainty 3/5 debate potential 1/5

Envoy America plans to expand to 3 to 5 states in 2017

Casey Kanaan · EP 567: EnvoyAmerica Does $160k in 2016 Helping Senior Citizens Get Around with CEO KC Kanaan · Feb 11, 2017 · at 3:05

KC Kanaan, CEO and co-founder of senior companion rideshare startup Envoy America, discusses geographic expansion plans on Top Founders with Nathan Latka.

0:00 / 0:20exact quote · 20.4s
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“So today we are in Phoenix in about two weeks, less than two weeks, we will be launching in Tucson, Arizona. And depending on how fast we ramp up the operation, the plan is to expand to three to five other geographies states within 2017.”

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 Casey Kanaan

Assertion Not checkable as stated
Most Envoy America senior clients lack smartphones
“Most of them don't have smartphones. They don't have, they're not comfortable using technology, so they rely on the phone to place, to make reservations”
Casey Kanaan Feb 11, 2017 ▶ 8:25 EP 567: EnvoyAmerica Does $160k in 2016 Helping Senior Citizens Get Around with CEO KC Kanaan
Assertion Not checkable as stated
Envoy America made $22k in December and $20k in November
“In Jan, in December, we did about 22,000 dollars that month. In November, we did roughly 20.”
Casey Kanaan Feb 11, 2017 ▶ 4:23 EP 567: EnvoyAmerica Does $160k in 2016 Helping Senior Citizens Get Around with CEO KC Kanaan
Assertion Not checkable as stated
Envoy America did about $180k in revenue in 2016
“We're, we did about a 180,000 in revenue.”
Casey Kanaan Feb 11, 2017 ▶ 4:36 EP 567: EnvoyAmerica Does $160k in 2016 Helping Senior Citizens Get Around with CEO KC Kanaan
Disclosure
Envoy America founders invested over $100K and raised $210K from friends and family
“So between the two of us, we've invested over a 100,000 and then we've raised so far, we've raised 210,000 dollars from friends and family.”
Casey Kanaan Feb 11, 2017 ▶ 6:19 EP 567: EnvoyAmerica Does $160k in 2016 Helping Senior Citizens Get Around with CEO KC Kanaan
Disclosure
Envoy America plans to raise $500K on Crowdfunder via convertible notes
“No, it's convertible note. In January, in about three weeks, we are starting a crowd funding campaign with crowdfunder.com. And we're trying to raise an additional 500,000, but also convertible notes.”
Casey Kanaan Feb 11, 2017 ▶ 6:34 EP 567: EnvoyAmerica Does $160k in 2016 Helping Senior Citizens Get Around with CEO KC Kanaan
Disclosure
Envoy America pays drivers $18 per hour
“We are paying them. 18 dollars per hour.”
Casey Kanaan Feb 11, 2017 ▶ 9:35 EP 567: EnvoyAmerica Does $160k in 2016 Helping Senior Citizens Get Around with CEO KC Kanaan
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