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
Prediction Not checkable as stated
Winter: Boostopia will flip revenue to majority software within 24 months
“And we basically have a transition plan to where over the next 24 months that basically flips.”
Disclosure
Justin Winter: Diamond Candles Was Bootstrapped and Exclusively DTC
“We were completely bootstrapped. We manufactured the products ourselves and you know, it was no wholesale, just direct to consumer.”
Assertion Not checkable as stated
Winter: Boostopia's average customer spends $13k to $14k per year
“Our average customer right now with us per year spends about 13, 14,000 dollars.”
Assertion Not checkable as stated
Winter: Boostopia generates roughly 25% of revenue from software, 75% from services
“You know, probably about 25% of revenue right now is software only. And probably about 75% is services.”
Assertion Not checkable as stated
Winter: Boostopia generates over $30K MRR, including $10K in pure software
“So we're north of 30 K total per month, but yeah, the software only is around, around 10.”
Assertion Not checkable as stated
Winter: Boostopia CAC is around $500 per customer
“And it's all in flux right now. That's why I don't have the like, a good solid immediate number. I believe we're probably in the like, 500 dollar range, I believe is where it's at right now.”
Assertion Not publicly verifiable
Winter: Diamond Candles Scaled to $22M Revenue in Four to Five Years
“One of the challenges about scaling that company over the course of four or five years to about twenty two million a year was really growing and scaling the support operation.”
Disclosure
Winter: Boostopia Ran as an Agency for Two Years Before Writing Code
“So we started off for the first couple of years, basically just being an agency service almost like a kind of fractional support managers. And that's what, you know, after about two years or so led to kind of a strong point of view on a product roadmap. And we…”
Assertion Not checkable as stated
Winter: Boostopia has slightly over 30 customers on its software
“You know, at just a little north of 30 customers.”
Assertion Not checkable as stated
Winter: Boostopia's annualized contract churn is around 20%
“So, you know, right now we're probably in the you know, on an annualized basis you know, coming from the services piece, you know, we're probably like 20%, something like that.”