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.

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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

Assertion Not checkable as stated
Trainual monthly churn drops to 0.7% after "4x4" customer activation
“Okay, so four users and four subjects is our metric. Four by four. We've got posters of like a Jeep driving up a hill all over the office. So if they do four by four, Churn is under one percent monthly. It's like a, like .7% monthly, which is really where we w…”
Chris Ronzio Jun 19, 2020 ▶ 10:41 Trainual Hits $3m ARR, 3x YoY Helping 2500 Customers Document Key Processes
Assertion Not checkable as stated
Trainual is getting more signups from organic channels than paid ads
“It has been to date, but it's starting to flip where we're getting more of our signups from organic now, just based on how much content and marketing we've done.”
Chris Ronzio Jun 19, 2020 ▶ 3:19 Trainual Hits $3m ARR, 3x YoY Helping 2500 Customers Document Key Processes
Assertion Not checkable as stated
Trainual's average revenue per customer is over $100 per month
“On average they're a little over a hundred dollars a month.”
Chris Ronzio Jun 19, 2020 ▶ 3:52 Trainual Hits $3m ARR, 3x YoY Helping 2500 Customers Document Key Processes
Assertion Not checkable as stated
Trainual reached over 2,500 customers by June 2020
“We're just over 2500 now.”
Chris Ronzio Jun 19, 2020 ▶ 6:51 Trainual Hits $3m ARR, 3x YoY Helping 2500 Customers Document Key Processes
Assertion Not checkable as stated
Trainual reached $250,000 in monthly recurring revenue in May 2020
“Yeah, that's it. We hit that last month.”
Chris Ronzio Jun 19, 2020 ▶ 7:05 Trainual Hits $3m ARR, 3x YoY Helping 2500 Customers Document Key Processes
Prediction Not checkable as stated
Trainual expects to finish 2020 at approximately $3.5 million ARR
“Yeah, so we should end this year at the, about 3.5 ARR.”
Chris Ronzio Jun 19, 2020 ▶ 7:16 Trainual Hits $3m ARR, 3x YoY Helping 2500 Customers Document Key Processes
Assertion Not checkable as stated
Trainual's customer acquisition payback period is roughly four months
“Our payback period is, you know, called four months today”
Chris Ronzio Jun 19, 2020 ▶ 9:52 Trainual Hits $3m ARR, 3x YoY Helping 2500 Customers Document Key Processes
Assertion Not checkable as stated
Trainual's annual gross revenue churn is between thirty and forty percent
“So it's gone down a bit, but it's still in the high thirties, low forties.”
Chris Ronzio Jun 19, 2020 ▶ 10:25 Trainual Hits $3m ARR, 3x YoY Helping 2500 Customers Document Key Processes
Assertion Not checkable as stated
Trainual pays a $350 to $400 CAC for $100 per month customers
“Three 50 to 400 dollars.”
Chris Ronzio Jun 19, 2020 ▶ 11:22 Trainual Hits $3m ARR, 3x YoY Helping 2500 Customers Document Key Processes
Assertion Not checkable as stated
Trainual is cash-flow break-even driven by upfront annual sales collections
“Surprisingly, we just crested the profitability cash flow profitable mark. The, and that's due to annual sales. So annual sales coming in the cash flow from those you know, keeps our, keeps us right about break even.”
Chris Ronzio Jun 19, 2020 ▶ 12:24 Trainual Hits $3m ARR, 3x YoY Helping 2500 Customers Document Key Processes
Assertion Not checkable as stated
Ronzio: Trainual's monthly ARPU is $95
“95 dollars right now is our ARPU.”
Chris Ronzio Dec 21, 2018 ▶ 2:59 1245 He Used These 3 Channels To Hit $50k in MRR in 7 Months
Assertion Not checkable as stated
Ronzio: Organized Chaos reached over $1M annual revenue before SaaS pivot
“We were just over a million a year in consulting revenue.”
Chris Ronzio Dec 21, 2018 ▶ 4:23 1245 He Used These 3 Channels To Hit $50k in MRR in 7 Months
Assertion Not checkable as stated
Ronzio: 8% of Trainual users facing a credit card gate start trials
“Eight percent right now.”
Chris Ronzio Dec 21, 2018 ▶ 8:32 1245 He Used These 3 Channels To Hit $50k in MRR in 7 Months
Assertion Not checkable as stated
Ronzio: Trainual's blended monthly churn rate is approximately 4%
“Our blended percentage is about four percent.”
Chris Ronzio Dec 21, 2018 ▶ 11:28 1245 He Used These 3 Channels To Hit $50k in MRR in 7 Months
Assertion Not checkable as stated
Ronzio: Trainual's CAC is under $300 with a 70% trial conversion rate
“Paid is under 300 dollars cost to acquire a customer. It's cost us about 180 dollars to acquire a trial. And then with that 70% conversion, we're under 300% or 300 dollars on a customer.”
Chris Ronzio Dec 21, 2018 ▶ 12:25 1245 He Used These 3 Channels To Hit $50k in MRR in 7 Months
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