why aren't all 15 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
Insight
Darash: Multi-department software adoption makes SaaS churn virtually impossible
“When you get a client, you start working with that organization to go into additional verticals for that organization. Now, once they have gone into two or three verticals, that's it. It's game over. They can not leave. And why can't they leave? Because it's n…”
Assertion Not checkable as stated
Darash: Regpack operates a $10.5M ARR SaaS platform with two engineers
“Two.”
Insight
Darash: Service industries are fragmented due to unique onboarding requirements
“And as I was looking, I saw the service industry in general, and especially the education industry in the service industry, and it was extremely fragmented, and the reason that it's extremely fragmented is because it has a very unique need, a need for onboardi…”
Assertion Not checkable as stated
Regpack Customers See 30% Revenue Growth From Installment Payments Feature
“Now, organizations that have implemented this new feature of automatic installments have seen a 30% revenue growth right by, right off the bat, just from implementing that.”
Assertion Not checkable as stated
Regpack Reports 97% Completion Rate on Customer Installment Plans
“Which by the way, we have 97% payments on the installment plans that go through completely. Only three percent of the payments don't go through.”
Disclosure
Darash: Regpack is completely bootstrapped
“Totally bootstrapped.”
Assertion Not checkable as stated
Darash: Regpack's weighted average take rate on payment processing is 1%
“The weighted average is one percent.”
Disclosure
Darash: Payment processing represents about 40% of Regpack revenue
“Payment processing is about 40%.”
Disclosure
Darash: Embedded purchase protection insurance drives 20% of Regpack's total revenue
“We also offer a program called purchase protection for our for the organizations. Which allows them to, the end user to protect themselves against death, sickness, et cetera. And that's about 20% of our revenue.”
Disclosure
Darash: Regpack's average SaaS subscription is $2,000 to $4,000 per year
“Between two K to four K... Per year.”
Disclosure
Darash: Regpack averages $7,000 to $10,000 per customer across all streams
“Between seven to 10. Yeah. Like you have clients that make a hundred K off of them and you have clients that you make like the, basically the minimum you would make off the client is five. The max we have clients that we make a hundred, a 150 off.”
Assertion Not checkable as stated
Darash: Regpack has approximately 1,500 customer organizations
“Today we have about if I'm not mistaken, 1500 organizations.”
Assertion Not checkable as stated
Darash: Regpack operates with 30 full-time employees
“Full-time we have 30 people.”
Assertion Not checkable as stated
Darash: Regpack grew revenue from $7M to over $10.5M in one year
“What was that, seven?”
Prediction Not checkable as stated
Darash: Regpack will take about three years to reach $1B annual GMV
“I think it will take like three years.”