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
Now Interact raised $5M at a $13M-$14M pre-money valuation
“We took in the money, I think it's about
It's about 13, fourteen million pre-money.”
Now Interact generates $220K MRR across just 19 enterprise customers
“We have 19 customers on that product, and we are on a MRR of 220 K.”
Now Interact raises $5M Series A, reaching $7M total funding
“Yeah, so we did two million in total in a couple of seed rounds, and then now we did an A round with five million A round.”
Now Interact lost only one customer over two and a half years
“One has churned until the last two and a half years, we have lost one customer.”
Now Interact is allocating most of its $5M round to US expansion
“Some is going to be invested in R&D, but most of it in sales. And we are, I mean, for us as a European company, it's a quite big thing to go across the Atlantic and start the US operations and hire people in the US and I will move there myself. So the budget f…”
Now Interact's new product grew nearly 100% year-over-year in 2015-2016
“So we have been like, you know, growth rate of about 20% if you look top line, but we, the new product has been growing almost a hundred percent year on year.”
Åström: Primelog Had Roughly $2M to $2.5M Trailing Revenue Before Exit
“It was about 2,000,002 and a half million roughly.”
Åström: Primelog Raised Roughly $1.5M in Total Capital
“We raised roughly, you know, one and a half million or something like that. Not more than that.”
Åström sold his stake in InLead because it became a consulting firm
“So I decided to sell the company because it wouldn't, it didn't turn out as a software play as I would like it to be. And the database itself were not as big as it should be. So it ended up being more of a consultant business, which I, well, it's interesting, …”