The Ledger

Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.

clear all ✕

why aren't all 13 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable

Assertion Not checkable as stated
Bizness Apps claims over 500,000 paying end-customers globally
“Those are paying customers.”
Andrew Gazdecki Jan 12, 2018 ▶ 1:18 902 SaaS: Bootstrapped BiznessApps Passes $17m in ARR, 3000 Agency's Building SMB Mobile Apps
Assertion Supported
App builder competitor BuildFire started as a Bizness Apps partner
“Build fire for one used to be a partner of ours.”
Andrew Gazdecki Jan 12, 2018 ▶ 13:04 902 SaaS: Bootstrapped BiznessApps Passes $17m in ARR, 3000 Agency's Building SMB Mobile Apps
Assertion Not publicly verifiable
Competitor AppInstitute originally launched as a Bizness Apps reseller
“App Institute used to be a reseller.”
Andrew Gazdecki Jan 12, 2018 ▶ 13:15 902 SaaS: Bootstrapped BiznessApps Passes $17m in ARR, 3000 Agency's Building SMB Mobile Apps
Insight
Software resellers fail without dedicated sales training and enablement
“And if you sign up a partner and you're really hands off and you don't teach them how to sell the product, you don't provide them with materials that they need to sell the product. You aren't checking in with them to see if they have any issues. They're simply…”
Andrew Gazdecki Jan 12, 2018 ▶ 2:44 902 SaaS: Bootstrapped BiznessApps Passes $17m in ARR, 3000 Agency's Building SMB Mobile Apps
Assertion Not checkable as stated
Bizness Apps customers pay an average of $500 per month
“It would be in the range of probably 500 a month. I would say.”
Andrew Gazdecki Jan 12, 2018 ▶ 3:54 902 SaaS: Bootstrapped BiznessApps Passes $17m in ARR, 3000 Agency's Building SMB Mobile Apps
Assertion Not checkable as stated
Bizness Apps has published 100,000 iOS and 300,000 Android apps
“We have close to a 100,000 in the iOS store. We have probably about 300,000 in the Android app store.”
Andrew Gazdecki Jan 12, 2018 ▶ 5:43 902 SaaS: Bootstrapped BiznessApps Passes $17m in ARR, 3000 Agency's Building SMB Mobile Apps
Assertion Not checkable as stated
Bizness Apps operates with approximately 3,000 global reseller partners
“Right now we have around 3000 partners around the globe and then underneath them, they have their own customers.”
Andrew Gazdecki Jan 12, 2018 ▶ 6:07 902 SaaS: Bootstrapped BiznessApps Passes $17m in ARR, 3000 Agency's Building SMB Mobile Apps
Assertion Not checkable as stated
Bizness Apps reached $65,000 MRR before relocating to the Bay Area
“Before we left then over to the Bay Area, I believe we were at, like 65,000 in monthly recurring revenue.”
Andrew Gazdecki Jan 12, 2018 ▶ 8:35 902 SaaS: Bootstrapped BiznessApps Passes $17m in ARR, 3000 Agency's Building SMB Mobile Apps
Disclosure
Bizness Apps bootstrapped to scale on just $110,000 in outside capital
“We've actually bootstrapped. We've only raised 110,000 and that was 2010.”
Andrew Gazdecki Jan 12, 2018 ▶ 10:40 902 SaaS: Bootstrapped BiznessApps Passes $17m in ARR, 3000 Agency's Building SMB Mobile Apps
Disclosure
Bizness Apps generated $5.8M in 2014 and $7.2M in 2015 revenue
“I believe it was 5.8 million. And then it was 7.2 in 2015.”
Andrew Gazdecki Jan 12, 2018 ▶ 11:33 902 SaaS: Bootstrapped BiznessApps Passes $17m in ARR, 3000 Agency's Building SMB Mobile Apps
Assertion Not checkable as stated
Bizness Apps maintains an end-customer monthly churn rate below 2%
“If an agency creates an app, and then they have a customer cancel within our software, they can basically deactivate the app, and what we actually see on that level is a churn number below two percent.”
Andrew Gazdecki Jan 12, 2018 ▶ 17:06 902 SaaS: Bootstrapped BiznessApps Passes $17m in ARR, 3000 Agency's Building SMB Mobile Apps
Assertion Not checkable as stated
Bizness Apps spends less than $50,000 monthly on paid acquisition
“Less than.”
Andrew Gazdecki Jan 12, 2018 ▶ 19:05 902 SaaS: Bootstrapped BiznessApps Passes $17m in ARR, 3000 Agency's Building SMB Mobile Apps
Disclosure
Half of the Bizness Apps customer base is international
“Half our business is international.”
Andrew Gazdecki Jan 12, 2018 ▶ 1:42 902 SaaS: Bootstrapped BiznessApps Passes $17m in ARR, 3000 Agency's Building SMB Mobile Apps
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