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.

clear all ✕

why aren't all 13 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

Prediction Not checkable as stated
Mentimeter will organically reach $10M ARR by summer 2019
“We have a plan to go reach like ten million ARR by the summer of 19. And we probably can do that organically by the funds that we're generating in our surplus and by the amazing people that we have on board.”
Johnny Warstrom Oct 17, 2017 ▶ 18:51 815: SaaS: He's Replacing the iClicker Growing From $800k ARR to $1.5m ARR in 6 months
Disclosure
Warstrom would easily reject a $4.5 million acquisition offer
“I'm not even close.”
Johnny Warstrom Oct 17, 2017 ▶ 19:31 815: SaaS: He's Replacing the iClicker Growing From $800k ARR to $1.5m ARR in 6 months
Opinion
Mentimeter CEO calls Intercom the best product created in past five years
“Intercom is the best product that has been created the last five years, and their new, like, educate version, like content management, it's amazing, so everyone should look into it.”
Johnny Warstrom Oct 17, 2017 ▶ 22:16 815: SaaS: He's Replacing the iClicker Growing From $800k ARR to $1.5m ARR in 6 months
Assertion Not checkable as stated
Mentimeter reaches 10M users and 400,000 presenters globally
“So today we have over ten million users 400,000 presenters around the world, and customers in 55 countries.”
Johnny Warstrom Oct 17, 2017 ▶ 4:03 815: SaaS: He's Replacing the iClicker Growing From $800k ARR to $1.5m ARR in 6 months
Assertion Not checkable as stated
Mentimeter reports having 6,000 paying business customers
“Today we have 6000 enterprise customers.”
Johnny Warstrom Oct 17, 2017 ▶ 4:49 815: SaaS: He's Replacing the iClicker Growing From $800k ARR to $1.5m ARR in 6 months
Assertion Supported
Mentimeter reaches $1.5M in ARR
“And we have one and a half million.”
Johnny Warstrom Oct 17, 2017 ▶ 6:31 815: SaaS: He's Replacing the iClicker Growing From $800k ARR to $1.5m ARR in 6 months
Assertion Supported
Mentimeter reached profitability on just $500,000 in total funding
“In total, we've only raised a half a million in total, and today we're profitable, we're cashflow positive.”
Johnny Warstrom Oct 17, 2017 ▶ 7:44 815: SaaS: He's Replacing the iClicker Growing From $800k ARR to $1.5m ARR in 6 months
Assertion Not checkable as stated
Mentimeter's fully weighted customer acquisition cost is roughly $100
“Yeah, exactly, so it's about a hundred dollars.”
Johnny Warstrom Oct 17, 2017 ▶ 11:28 815: SaaS: He's Replacing the iClicker Growing From $800k ARR to $1.5m ARR in 6 months
Assertion Not checkable as stated
Mentimeter maintains a net revenue churn of negative 5%
“Well, it's like five, at least five percent. And it's because we're just bringing on more with two starting in customer success in, in August and September. And it's because it's only been one person. We haven't optimized it, but it's about minus five.”
Johnny Warstrom Oct 17, 2017 ▶ 13:54 815: SaaS: He's Replacing the iClicker Growing From $800k ARR to $1.5m ARR in 6 months
Assertion Not checkable as stated
Mentimeter's monthly logo churn rate is between 1% and 1.5%
“Well, monthly is about one to one and a half percent.”
Johnny Warstrom Oct 17, 2017 ▶ 14:49 815: SaaS: He's Replacing the iClicker Growing From $800k ARR to $1.5m ARR in 6 months
Assertion Not checkable as stated
Mentimeter closed 2016 at roughly $800,000 in ARR
“8, I think.8.”
Johnny Warstrom Oct 17, 2017 ▶ 18:17 815: SaaS: He's Replacing the iClicker Growing From $800k ARR to $1.5m ARR in 6 months
Assertion Not checkable as stated
Mentimeter's 16-person team is mostly product and marketing, with one sales rep
“I would say like nine in product, I would say six in marketing, and then one in sales.”
Johnny Warstrom Oct 17, 2017 ▶ 10:06 815: SaaS: He's Replacing the iClicker Growing From $800k ARR to $1.5m ARR in 6 months
Disclosure
Mentimeter spends $10,000 to $20,000 per month testing paid ads
“No, but it's like, 10 K. We experiment with 10, 20 Ks just to test different things, retargeting different platforms, different formats”
Johnny Warstrom Oct 17, 2017 ▶ 12:18 815: SaaS: He's Replacing the iClicker Growing From $800k ARR to $1.5m ARR in 6 months
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