why aren't all 10 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
Survival Frog generated $4.7M in revenue in 2015
“So we sell physical products in the survival and preparedness market like an e-commerce site. And we did 4.7 million last year.”
Assertion Not checkable as stated
Info product 'Sold Out After Crisis' did $20M in three years
“And we sold, I would say probably twenty million dollars worth over three years.”
Assertion Not checkable as stated
Over 500,000 customers purchased 'Sold Out After Crisis'
“Well over 500,000.”
Assertion Not checkable as stated
Pricing info products at $27 doubled conversions for Survival Frog
“We split test the price and 27 dollars doubled our conversions.”
Prediction Not checkable as stated
Survival Frog expanded its gross margin from 25% to 35%
“2015, our gross margin was 25%. Since we brought everything else in house and did a lot of other negotiating and a lot of different things, but we've been able to get it up to 35% so far this year, and I think we can jack it up another five percent once we mov…”
Assertion Not checkable as stated
Survival Frog flows 5% to 10% net margin to the bottom line
“We usually see about five to 10%, and I, it would be higher if we weren't growing.”
Assertion Not checkable as stated
Survival Frog pays $15 to $16 for $29.97 LifeStraw Go bottles
“Probably 15 to 16 dollars goes to the manufacturer. Then three dollars goes to shipping, because we typically factor in free shipping. And then we'll keep 10.”
Assertion Not checkable as stated
Survival Frog made over $500K in net profit in 2015
“A little over 500.”
Assertion Not checkable as stated
A valuation priced Survival Frog at a 4.8x net profit multiple
“Well, we got a valuation done on the business and they did 4.8 4.8 multiplier of net.”
Assertion Not checkable as stated
Survival Frog grew total revenue 27% in 2015
“2015 was we grew 27% over 2014.”