why aren't all 9 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
Assertion Not checkable as stated
TrueConf generates between $20 million and $100 million in annual revenue
“Yeah, it's somewhere between from 20 to one, A hundred millions of dollars per year.”
Assertion Not checkable as stated
TrueConf lifetime software licenses cost an average of $5,000
“So the average price for our product, average, is approximately 5000 5000 USD. So . For life.”
Assertion Not checkable as stated
TrueConf sold its product more than 5,000 times in five years
“We sold our product more than 5000 times during the last five years.”
Assertion Not checkable as stated
TrueConf converts approximately 8% of free users to paid licenses
“So we usually have the conversion rate from the free version to the paid version approximately eight percent.”
Assertion Not checkable as stated
TrueConf adds 1,500 to 2,000 corporate freemium users monthly
“So the idea is that because we have a free product, which is very popular we usually have approximately one and a half thousand to 2000 new companies who begin to use the free version of our conferencing server.”
Disclosure
TrueConf monetizes freemium software leads by upselling third-party hardware
“And we upsell to that constant lead flow, not just our full version license. We upsell different PTZ cameras, speaker phones, microphone arrays, AV services to set up conferencing rooms, to provide some audio video peripherals. So we upsell hardware. We also d…”
Assertion Not checkable as stated
TrueConf has always been profitable and never raised outside capital
“So we were always profitable. So we never raised any capital.”
Assertion Contradicted
TrueConf charges roughly 5% annually for software updates
“So let's think about five percent Of the price of the initial license, we're required to pay to get the updates for the new version. So annually, it's probably around five percent”
Assertion Not checkable as stated
TrueConf scaled to 170 employees across two main offices
“So we started with 15 people when we decided to do the product and now we have 170 people and two big offices.”