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
Sullivan: Repeat founders make a mistake by self-funding their new startups
“I learned long ago that entrepreneurs the second time that they start a company after selling they make the mistake of funding their own company because now that they've sold a company, they're really smart. And there's a validation that you have to go through…”
Sullivan: New market categories never have just a single winner
“Well, you know, in any space, particularly a new space, there's never just one winner. And there's always a way if you really work at it to differentiate and find a place where they're not as strong as they seem.”
Sullivan: Ryver has been the most difficult startup of his career
“By far the majority of companies struggle and river of all my startups have, has been the most difficult.”
Sullivan: Ryver's monthly customer logo churn is under 1%
“It's slightly less than one percent of our customers.”
Sullivan: SaaS companies begin needing enterprise features at 500 users
“The companies who need single sign-on and the enterprise features really begins around 500 users.”
Sullivan: Ryver will break even or be profitable in 5-6 months
“I would like to think that in the next five to six months, we will be breakeven, even profitable.”
Sullivan: Ryver's average revenue per customer exceeds $70 per month
“Well the average revenue per customer Is just over 70 dollars. So, and most of the users are, tend to be the 99.”
Sullivan: Ryver Has Raised $13M Over Six Years
“We've raised actually thirteen million dollars. And that, that has been over a space of the last six years.”
Sullivan: Ryver has reached nearly one million users
“We have nearly a million users growing very, very fast.”
Sullivan: Ryver has between 1,000 and 2,000 paying customers
“Oh, I'd say between a 1002 thousand at this point.”
Sullivan: Ryver's entire marketing budget is under $30k-$40k
“Running a single ad for sales logics was 30, 40,000 dollars. My entire budget is, is less than that.”