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 10 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

Disclosure
Helfrich: Instarail technical co-founder owns only 5% equity
“Oh, no, no. He doesn't have 50%. He has five percent.”
Thomas Helfrich Jun 3, 2022 ▶ 11:45 Watch him pivot from $20k/mo consulting to pure play SaaS
Assertion Not checkable as stated
Helfrich: Instarail reached $20k MRR within first year
“We're only about a year into revenue to be fair. And we've grown about 20 K MRR already.”
Thomas Helfrich Jun 3, 2022 ▶ 5:23 Watch him pivot from $20k/mo consulting to pure play SaaS
Disclosure
Helfrich: Instarail is raising a $1M pre-seed at a $5M pre-money valuation
“We're starting to go through our seat. I'm going to call it a seat round, but it's probably actually a formal pre C round where we're going to Raising the one million five million pre money and come in.”
Thomas Helfrich Jun 3, 2022 ▶ 7:01 Watch him pivot from $20k/mo consulting to pure play SaaS
Prediction Not checkable as stated
Helfrich: AI content tech will require human oversight for some time
“So you do need to bring a human in the loop and you will for some time for this type of tech.”
Thomas Helfrich Jun 3, 2022 ▶ 13:07 Watch him pivot from $20k/mo consulting to pure play SaaS
Assertion Not checkable as stated
Helfrich: Instarail cut my social media time from 30 hours to one
“I, myself, you know, I have 24 hours a day, seven days a week covered in all my social media accounts. And, you know, I was like 30 hours a week in social media, and I'm only in there about an hour now.”
Thomas Helfrich Jun 3, 2022 ▶ 2:10 Watch him pivot from $20k/mo consulting to pure play SaaS
Disclosure
Helfrich: Instarail corporate clients pay $2k-$3k/mo, individuals pay under $500
“Corporate like full on customers pay anywhere between two and 3000 a month. And then individuals are probably 500 hours or less.”
Thomas Helfrich Jun 3, 2022 ▶ 4:33 Watch him pivot from $20k/mo consulting to pure play SaaS
Assertion Not checkable as stated
Helfrich: Instarail has over 100 customers on $99 tier
“We've had over a hundred customers on the platform in that range already.”
Thomas Helfrich Jun 3, 2022 ▶ 5:17 Watch him pivot from $20k/mo consulting to pure play SaaS
Disclosure
Helfrich: Instarail raised $135K in a friends-and-family round
“So we did raised us like a small amount, like a 135 K in the friends and family around.”
Thomas Helfrich Jun 3, 2022 ▶ 6:11 Watch him pivot from $20k/mo consulting to pure play SaaS
Assertion Not checkable as stated
Helfrich: Instarail has 10 team members across the US, Philippines, and Africa
“I'll be about 10 people total distributed between us Philippines and Africa.”
Thomas Helfrich Jun 3, 2022 ▶ 9:20 Watch him pivot from $20k/mo consulting to pure play SaaS
Assertion Not checkable as stated
Helfrich: Instarail.ai has around 20 paying customers
“So we're only around 20 customers right now, total right now.”
Thomas Helfrich Jun 3, 2022 ▶ 10:33 Watch him pivot from $20k/mo consulting to pure play SaaS
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