why aren't all 11 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
Prediction Not checkable as stated
Bhatia predicts Simplified Dentistry will close 28 deals monthly for six months
“If I look at my pipeline for the next six months, I can, with 80% confidence, say that we're going to get 28
Deals every month”
Assertion Not checkable as stated
Simplified Dentistry is doing around $1M in revenue this year
“And this is the revenue for our SaaS business, which is doing around a million this year.”
Prediction Not checkable as stated
Bhatia expects Simplified Dentistry to reach $4M revenue next year
“And we're expected to do around four million next year based on number of clinics.”
Prediction Not checkable as stated
Simplified Dentistry will grow to around 1,000 dental clinics next year
“So today we support around six, around 400 dental clinics next year with the way the pipeline is without actually doing any selling directly to dental offices. We're going to grow to around a thousand offices.”
Disclosure
Bhatia: BPK Tech revenue crashed from $200K to $25K monthly in March 2020
“When COVID hit in March we were doing around 2000 200,000 per month in revenue. And so you can see me whatever hair I had I lost during that March. And so almost 90% of our customers called me and they said, well, you know, everything is shutting down, especia…”
Disclosure
Bhatia: BPK Tech signed a co-development deal paying $10K/month post-build
“We approached probably a thousand prospects and one of the prospects said, okay, I will sign up with you, but I don't have money to pay you. So what I did, I created a contract and I said, look, you don't have to pay us. We will co-develop the solution. You te…”
Assertion Supported
Bhatia: Dental insurance reimbursement takes 30 to 120 days
“Basically what that means is collecting money faster from insurance companies, and it's a working capital. Usually it takes them anywhere from 30 to 120 days, and after that, the accounts go delinquent”
Assertion Not checkable as stated
Bhatia: Simplified Dentistry generated $600k from DSOs and $200k from channels
“We got around 600,000 selling directly to groups out of a million, which is 60% of revenue, and then around 20% revenue of 200,000 came, ah, from the channels”
Assertion Not checkable as stated
Bhatia: Simplified Dentistry generates about $8,000 per clinic per year
“We do around 8000 dollars per clinic per year.”
Disclosure
Simplified Dentistry maintains a 30-person team with zero headcount growth in two years
“This is our org chart, so just around 30 people who work on, on this, ah, side of the business, and, ah, we haven't added a single person in the last two years.”
Disclosure
Rajit Bhatia: BPK Tech wasted $50,000 building compliance software
“50,000. This was a compliance software.”