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.

clear all ✕

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

Assertion Not checkable as stated
Chowdhury: Softbrick's top three customers generate 60% of revenue
“60% of our revenues are top three and the rest of them make around 40%.”
Ram Chowdhury Nov 2, 2023 ▶ 7:44 18 Month Old Startup Already Has 3 Customers Paying $100k/yr. Is AI over valued?
Disclosure
Chowdhury: Softbrick Is Targeting a $20M Valuation
“We are discussing around twenty million valuation in that range.”
Ram Chowdhury Nov 2, 2023 ▶ 13:30 18 Month Old Startup Already Has 3 Customers Paying $100k/yr. Is AI over valued?
Disclosure
Chowdhury: Softbrick Has Three Enterprise Customers Paying Over $100k Annually
“So we have three such customers who are in the enterprise bracket already, and we have been around 18 months in the market now, and these three customers, they are individually doing more than a million messages for the 100,000.”
Ram Chowdhury Nov 2, 2023 ▶ 3:25 18 Month Old Startup Already Has 3 Customers Paying $100k/yr. Is AI over valued?
Disclosure
Chowdhury: Softbrick Has Around 60 Paying Customers
“We have around 60 paying customer and 300 customers have used our product out of that 60 are paying customers.”
Ram Chowdhury Nov 2, 2023 ▶ 4:29 18 Month Old Startup Already Has 3 Customers Paying $100k/yr. Is AI over valued?
Assertion Not checkable as stated
Chowdhury: Softbrick is currently at roughly $350k ARR
“No, I think we are somewhere around 350 K right now.”
Ram Chowdhury Nov 2, 2023 ▶ 7:21 18 Month Old Startup Already Has 3 Customers Paying $100k/yr. Is AI over valued?
Disclosure
Chowdhury: Softbrick sets sales rep annual quota at around $150K ARR
“Ideally around 150 K some of them have hit the 150 K and gone above it. Some of them are below it, but yeah, ideally the median ranges are one 50 K.”
Ram Chowdhury Nov 2, 2023 ▶ 11:12 18 Month Old Startup Already Has 3 Customers Paying $100k/yr. Is AI over valued?
Disclosure
Chowdhury: Softbrick Raised $900K and Targets $3.5M Round
“We have raised around 900 K. So, and now we are going for a 3.5 million round.”
Ram Chowdhury Nov 2, 2023 ▶ 12:22 18 Month Old Startup Already Has 3 Customers Paying $100k/yr. Is AI over valued?
Disclosure
Chowdhury: Softbrick is burning around $45,000 per month
“Per month, our burn rate is around 45 K.”
Ram Chowdhury Nov 2, 2023 ▶ 15:13 18 Month Old Startup Already Has 3 Customers Paying $100k/yr. Is AI over valued?
Disclosure
Chowdhury: Softbrick delivers browser-based voice messaging without requiring an app
“We help companies to basically connect better with their customers through voice message and interactive UX without any app just on the phone browser.”
Ram Chowdhury Nov 2, 2023 ▶ 1:10 18 Month Old Startup Already Has 3 Customers Paying $100k/yr. Is AI over valued?
Disclosure
Chowdhury: Only 30% of Softbrick's non-enterprise accounts can expand
“Most of them will not be upgradeable as they are already in the full capacity. Some of them around, I would say around 30% of them have the potential to go to the full capacity”
Ram Chowdhury Nov 2, 2023 ▶ 9:49 18 Month Old Startup Already Has 3 Customers Paying $100k/yr. Is AI over valued?
Disclosure
Chowdhury: Softbrick Co-Founders Retain 80% Equity Ownership
“Now the founders have around 80% of the company.”
Ram Chowdhury Nov 2, 2023 ▶ 12:44 18 Month Old Startup Already Has 3 Customers Paying $100k/yr. Is AI over valued?
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