why aren't all 11 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
Opinion
Tan: Making Over $1M on Startup Equity Typically Requires Facebook-Scale Outcome
“You know, typically to make more than a million dollars at any company, it would require kind of a Facebook size outcome.”
Assertion Not checkable as stated
Tan: Sift Science customers pay thousands up to $100,000 monthly
“Oh, it's probably going to be a in the minimum of a few thousand dollars per month. We have some customers paying us a 100,000 dollars per month.”
Assertion Supported
Tan: Max Levchin personally invested $1M to lead Sift Science seed round
“He wanted to lead our seed round. So he put a million dollars of his own money in and we raised a total of 1.6 million dollars back in September of 2001.”
Assertion Supported
Tan: Sift Science has raised approximately $54 million in total funding
“Oh, we raised about fifty four million dollars.”
Assertion Not checkable as stated
Tan: Sift Science has approximately 500 paying customers
“We have, we're lucky to have quite a few just about 500”
Assertion Not checkable as stated
Sift Science has more than doubled revenue annually for past few years
“We've been more than doubling our revenue for the last few years.”
Assertion Not checkable as stated
Tan: Sift Science maintains an LTV to CAC ratio over 3:1
“I think that our LTVCAC is more than three to one.”
Assertion Not checkable as stated
Tan: Sift Science achieves CAC payback in under 18 months
“I mean, ours is sub 18 months.”
Assertion Not checkable as stated
Tan: Sift Science revenue churn is under 1%
“Our churn is, our revenue churn is sub one percent.”
Assertion Not checkable as stated
Tan: Sift Science annual logo churn is under 3%
“Oh, I think you're sort of sub-three percent.”
Disclosure
Tan: Sift Science charges per billable transaction or account creation
“In terms of how we make money, we charge per billable event, and that usually ties to a significant transaction or an account created on our customer's website.”