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.
why aren't all 15 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
Cornish: Moth & Flame hit $5M revenue this year, $2M recurring
“This year, we did five in revenue, two million was recurring.”
Cornish: Moth & Flame recurring revenue will reach ~70% next year
“And next year we see that number getting up probably towards 70% of it being recurring.”
Cornish: VR adoption is limited by content, solved by off-the-shelf pricing
“The challenge with virtual reality is there's not a lot of content out there. So off the shelf content means they only need to pay for their usage, which means they don't need to have huge upfront startup costs.”
Moth & Flame charges $4,500 to $8,500 monthly for enterprise VR
“Pricing is based on TAM. So we got kind of two categories. One is on a per experience base basis. So these are for things where the TAM is smaller, smaller user base. So that's at a 4565 hundred, or 8500 a month, depending on kind of the different, different f…”
Cornish: VR hiring simulations cut child welfare worker churn by 30%
“In the first year of doing that, they cut the churn by 30%.”
Moth & Flame's average annual customer contract value is $78,000
“The 78,000. That's 6500 a month times 12.”
Cornish: Moth & Flame did $2.5M revenue prior year, $200K recurring
“Last year, we did two and a half in revenue, and like, 200 of that was recurring.”
Cornish: Moth & Flame has insider bridge rolling into spring Series A
“And then right now we are, we have a bridge that's open mostly for insiders that's going to roll into a series A that we'll do in the spring.”
Moth & Flame expanded Air Force VR licenses from 10k to 25k
“So we had a program around suicide prevention in the air force. So this was one where We created the content and then sold user licenses. So basically like you're selling tickets to a movie sold 10,000 for the first year. And then they expanded that for the se…”
Cornish: Moth & Flame's seed valuation was $20M to $30M
“It's a, it's some, it's something in the range.”
Moth & Flame has five marketplace customers and 15 to 20 total
“So on that one, we're five and total customers today. We're in the 15 to 20 range.”
Cornish: Moth & Flame subscription gross margin reaches 75% to 80%
“The other thing is our gross margin on it on our subscription revenue we're up in the like, 75 towards 80%.”
Cornish: Moth & Flame Platform Combines Content, Authoring, and Analytics
“So our product, it's an immersive learning platform. So what that means is we got an off the shelf content library. We got authoring tools and then an analytics dashboard. So our customers are everyone from CHROs, chief compliance officers, chief diversity off…”