Assertion certainty 3/5 debate potential 1/5

Subramanian: Shopinpal serves 13 enterprise platforms and 153 end retailers

Shuram Subramanian · 153 Brands Use Them To Report Sales Volume to Shopping Malls, $20k in MRR, $1.5m Raised · Jun 10, 2020 · at 6:35

Shuram Subramanian is the founder of retail data integration platform Shopinpal, discussing customer numbers with Nathan Latka.

0:00 / 0:13exact quote · 13.2s

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“So we have 13 enterprise-like customers, and then end retailers and businesses are about a 153. I believe this is the recent count that use our technology globally.”

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The claim, plainly

Shopinpal has 13 enterprise platform customers and approximately 153 end retailers and businesses using its technology globally.

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Mentioned

Shopinpal Shuram Subramanian

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Assertion Not checkable as stated

Subramanian: 70% of Shopinpal's prior-year revenue was custom development

“So last year it was 70% was custom development.”

Shuram Subramanian Jun 10, 2020 ▶ 5:29 153 Brands Use Them To Report Sales Volume to Shopping Malls, $20k in MRR, $1.5m Raised

Prediction Not checkable as stated

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“Whereas this year we are quickly moving to the model where hopefully by March we would have reversed it to less than 20% being custom development.”

Shuram Subramanian Jun 10, 2020 ▶ 5:33 153 Brands Use Them To Report Sales Volume to Shopping Malls, $20k in MRR, $1.5m Raised

Assertion Not checkable as stated

Subramanian: Shopinpal has achieved profitability

“So we are now profitable.”

Shuram Subramanian Jun 10, 2020 ▶ 9:46 153 Brands Use Them To Report Sales Volume to Shopping Malls, $20k in MRR, $1.5m Raised

Disclosure

Subramanian: Shopinpal has raised over $1.5 million to date

“A little over one and a half million.”

Shuram Subramanian Jun 10, 2020 ▶ 10:01 153 Brands Use Them To Report Sales Volume to Shopping Malls, $20k in MRR, $1.5m Raised

Assertion Not checkable as stated

Subramanian: Shopinpal's latest deals reach close to $75,000 in annualized revenue

“The latest deals we have closed have an analyzed revenue of close to 75,000 dollars.”

Shuram Subramanian Jun 10, 2020 ▶ 11:56 153 Brands Use Them To Report Sales Volume to Shopping Malls, $20k in MRR, $1.5m Raised

Prediction Not checkable as stated

Subramanian expects Shopinpal to pass $1M revenue run rate by July 2020

“That's the plan is July of this year.”

Shuram Subramanian Jun 10, 2020 ▶ 12:37 153 Brands Use Them To Report Sales Volume to Shopping Malls, $20k in MRR, $1.5m Raised

Subramanian: Shopinpal serves 13 enterprise platforms and 153 end retailers

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