The Ledger

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why aren't all 9 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
Bachali claims Unilog's enterprise customer acquisition payback period is just 40 days.
“So on our payback period, it's usually 40 days ish 4045 days because we're essentially considering that on a typical sales cycle, which is about two and a half to three months, a sales rep is, is probably spending On average about 60 to seven, 60 hours, right?”
Suchit Bachali Aug 21, 2019 ▶ 13:26 1488 ECommerce Solution Hits $8m in ARR and $8m in Services, Raising $20m on $60m pre?
Assertion Not checkable as stated
Unilog's 2018 revenue was split exactly evenly between software and services.
“Our, this financial year, which ended March, 2018 our, this was the first year where the revenues were fifty-fifty split, so 50% of our revenues came from PurePlay software, and then 50% of our revenues came from services.”
Suchit Bachali Aug 21, 2019 ▶ 4:15 1488 ECommerce Solution Hits $8m in ARR and $8m in Services, Raising $20m on $60m pre?
Prediction Not checkable as stated
Bachali projects a 32.5% CAGR for Unilog's SaaS business over four years.
“We're doing a CAGR of about forty-ish percent and the next four years we're our CAGR is 32.5.”
Suchit Bachali Aug 21, 2019 ▶ 7:22 1488 ECommerce Solution Hits $8m in ARR and $8m in Services, Raising $20m on $60m pre?
Assertion Not checkable as stated
Unilog maintains an incredibly low annual churn rate of under 0.5%.
“I mean, we, our churn is less than half a percent.”
Suchit Bachali Aug 21, 2019 ▶ 8:21 1488 ECommerce Solution Hits $8m in ARR and $8m in Services, Raising $20m on $60m pre?
Assertion Supported
Unilog reached scale on just a $3M capital raise in 2015.
“The only capital we raised was three million dollars from Kalari Capital Ventures in 2015, and at that time we had no SaaS revenue, so their return on equity has been phenomenal.”
Suchit Bachali Aug 21, 2019 ▶ 14:07 1488 ECommerce Solution Hits $8m in ARR and $8m in Services, Raising $20m on $60m pre?
Assertion Not checkable as stated
Bachali confirms that Unilog is EBITDA positive with strong cash flows.
“I think right now we have really strong Cash flows. We have strong balance sheets. We're EBITDA positive.”
Suchit Bachali Aug 21, 2019 ▶ 14:36 1488 ECommerce Solution Hits $8m in ARR and $8m in Services, Raising $20m on $60m pre?
Assertion Not checkable as stated
Bachali says Unilog's software is pure SaaS with no on-premises deployments.
“So the software is offered as a pure SaaS model. We have no on-prem. We have no software that gets deployed in any other way other than SaaS.”
Suchit Bachali Aug 21, 2019 ▶ 3:54 1488 ECommerce Solution Hits $8m in ARR and $8m in Services, Raising $20m on $60m pre?
Assertion Not checkable as stated
Bachali says up to 90% of Unilog's SaaS growth is net new.
“80%, 90% would be net new.”
Suchit Bachali Aug 21, 2019 ▶ 8:18 1488 ECommerce Solution Hits $8m in ARR and $8m in Services, Raising $20m on $60m pre?
Assertion Not checkable as stated
Bachali notes that Unilog employs about 210 people on its software team.
“Just on the software side, we're about 210 people.”
Suchit Bachali Aug 21, 2019 ▶ 11:37 1488 ECommerce Solution Hits $8m in ARR and $8m in Services, Raising $20m on $60m pre?
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