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
Insight
Kennedy: All SaaS Economic Value Lies in Upsells and Cross-Sells
“Well, that was true for traditional products, but not for SaaS, because all of the value in SaaS is in the upsell and the cross-sell. So you've got to maintain that customer over time.”
Disclosure
Procurement Express Pays Partners Up to 40% Lifetime Revenue Commission
“We have a quite extensive partner network, and we do pay up to 30, 40% kickback, depending on, but that's a kind of, we look at that differently.”
Disclosure
Kennedy Would Reject a $3M Acquisition Offer for Procurement Express
“No, of course not, but I think Intuit are a great example of the type of, you know, they're a great example of types company that, like us, that serve SMBs, kind of look up to, you know, for sure, because of their partner strategy, you know, they've grown most…”
Assertion Not checkable as stated
Kennedy: Holloman Corporation paid Procurement Express $20k upfront
“Big customer early on called Holloman Corporation based out in Texas. They cut us a check for 20 grand, which I didn't believe was even possible at the time.”
Assertion Not checkable as stated
Kennedy: Procurement Express doubled its revenue over the past year
“We've about doubled in the last year.”
Assertion Not checkable as stated
Kennedy: Procurement Express converts one in twenty product demos
“It's one in 20. That's what we do.”
Assertion Not checkable as stated
Kennedy: Procurement Express Monthly Gross Logo Churn Is 1% to 2%
“So what we're talking about is total number of customers to churn divided by our total number of customers is one to two percent.”
Disclosure
Kennedy: Procurement Express Operates from Rural South Africa
“We came here because we've always been You know digital nomads, if you like, for the last 1015 years, and when it came to settle down, we just wanted to be near, near, near family, and, but kind of had a world-class business, even from a small town like this, …”
Assertion Not checkable as stated
Kennedy: Procurement Express Targets Businesses With $1M to $50M in Revenue
“Between one and fifty million in turnovers or typical customer.”
Assertion Not checkable as stated
Procurement Express Pre-Sold Its Software for Thousands Before Building It
“They're all paying. So they pre, we charged them like a couple of grand each. Say, if we build this, will you buy it? You know, and they gave us the money, a down payment that gave us enough confidence just to say, okay.”