The Ledger
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Engman: Climeon has potential bigger than Apple
“But I came across Kleinman, and I was like, wow, I don't think I can ever create a company with such a potential, because this potential is bigger than Apple, bigger, bigger than all the companies I mentioned.”
Engman: Climeon is over 50% more efficient than its nearest competitor
“So we are more than 50% more efficient than the number two.”
Climeon pursuing IPO purely for primary capital with no insider selling
“We're actually going for an IPO. It's not to exit, so none of the big shirts are doing an exit. We're only raising capital, and the stock market climate is pretty favorable at the moment, so it's a good way to become liquid, and we also want to make acquisitio…”
Engman: Climeon will grow revenue over 100% next year
“Well, I think in the coming year, absolutely more than a hundred percent Absolutely. 100% revenue. Probably.”
Engman: Climeon pays no variable commissions to sales team
“There is no variable component in the sales model going to me or any other sales person, which is a pity.”
Engman invested over 50% of Vendemore exit proceeds into Climeon
“I took more than 50% of my Vandemore exit, and so it has 350 shareholders, and I'm at least third. Yeah, and it's I am at least the third largest operational shareholder after the two founders, so.”