why aren't all 13 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
Adhav: Leasecake Reached Zero Gross Customer and Revenue Churn
“Correct. Right. No customer churn, no revenue churn.”
Insight
Adhav: Real Estate Software Underserves Tenants by Focusing on Landlords
“There's tools like property management, facility management. Those are traditionally geared for landlords. Location management is a new domain”
Assertion Not checkable as stated
Adhav: Leasecake Deal Sizes Grew Unpredictably During the COVID-19 Pandemic
“As our deal size has gotten larger, we've seen explosive growth through COVID, which was frankly surprises the investor community, but it doesn't surprise us.”
Assertion Supported
Adhav: Leasecake Raised an Oversubscribed $3.2M Seed Round in 2021
“Three million. It was oversubscribed. 3.2, I think it was.”
Assertion Not checkable as stated
Adhav: Leasecake Manages 10,000 Locations Across 250 Total Customers
“About 250 customers represents maybe about a thousand different users in our system. And you know, 10,000 plus locations across the U.S. And other geos.”
Assertion Not checkable as stated
Adhav: Leasecake Reached a 127% Net Revenue Retention Rate
“We have seen a pretty strong adoption was strong enough to have a 127% net revenue retention.”
Assertion Not checkable as stated
Adhav: Leasecake Tracks Toward $1M in Annual Recurring Revenue
“We're basically at a million in ARR. We're tracking to be a million in ARR.”
Assertion Not checkable as stated
Adhav: Leasecake Seed Round Reached a $12.2M Post-Money Valuation
“It was a, see, let's see, it was a 12 post. So it's 12.2 right now.”
Disclosure
Adhav: Leasecake Planned to Raise a Series A in Mid-2022
“Series a is definitely in the plans for you know, mid 20, 22.”
Assertion Not checkable as stated
Adhav: Leasecake Asserts an Average Contract Value of $10,000
“10 grand a year. That's it. That's the ACV.”
Assertion Not checkable as stated
Adhav: Leasecake Sales Cycles Span Two Days to Two Months
“We typically have a fast sales cycle of anywhere between two days to two Two months, I'd say on average.”
Assertion Not checkable as stated
Adhav: Leasecake Generated $10,000 in Monthly Revenue One Year Prior
“Yeah, we were at probably let's say 20, 15 grand, I'd say. No, actually even less. 10, 10 grand.”
Disclosure
Adhav: Leasecake Sold Over 30% Equity to Early-Stage Investors
“A little bit more than that.”