why aren't all 6 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
Insight
Klaff: No Pre-Existing Capital Market Exists for Sub-$10M SaaS
“Less than ten million of revenue. And this would be my insight for you. There isn't a market to go to. You, people come to us and say, hey, can you raise us capital, right? Can you take us to the market, to the capital markets? Capital markets are for, you hav…”
Insight
Klaff: Hard LOI Deadlines Are the Most Effective Forcing Function to Close
“I think the third and maybe the most important one is saying, hey, on this date, We're accepting LOIs, and beyond that, you're out, and we're moving forward with people who have crossed that threshold, right? And either submitted or signed up for ours, right? …”
Insight
Klaff: Investors Who Reject Deal Deadlines Usually Lack Capital or Conviction
“When you go and you say, hey, May 22nd is really the, when we need to get an LOI by, otherwise we're going to move on as a force factor, forcing function, as you said some people will blow up and they'll say, who do you think you are? You know, you don't dicta…”
Insight
Klaff: Only Having Two Interested Investors Leads to Retrading
“Because of the peculiarity of a small deal and the nuances and the needs and demands of investors in that small deal market, the speed at which they work and the requirements they have, one or two potentials in my view is not enough to close with. Or it's not …”
Insight
Klaff: Investors struggle to value pitches made from low-status positions
“When a buyer or investor sees you as low status, they have difficulty listening to you, appreciating what it is you have, and they say things like, thank you for coming to present, We appreciate you coming in today.”
Assertion Partly supported
Klaff: Lighter Capital Caps Single-Client Concentration at 40%
“Threshold no more than 40% of revenue concentrating one client. We have 50% of revenue in the moment. Top three clients will be no more than 60% of revenue, and so we'd fail that test as well.”