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
GenieBelt achieves 149% net revenue retention
“It's a negative with it's a 149% in, in, in negative churn.”
Disclosure
GenieBelt co-founders split equity evenly in a 'band of brothers' approach
“Well, we have, I think we have something that is unique that we call the band of brothers which means that we're all in it for the same end game, which means that, that, that we split evenly, right?”
Assertion Not checkable as stated
Branner: GenieBelt high-tier logo retention is 100%
“The local retention in, in the high end of this series is actually a hundred percent right now.”
Assertion Supported
Construction operates at 30% efficiency primarily due to poor communication
“The construction industry has an efficiency rate of 30%. 30% of the time you'll be working. 70% of the time you won't be working. The prime reason for this is bad communication and collaboration.”
Assertion Supported
Construction is the world's least digitally mature industry except for hunting
“The maturity, the digital maturity of the industry is the lowest in the world, except hunting.”
Assertion Not checkable as stated
GenieBelt averages •500 monthly per customer on 26-month contracts
“Just around 500 euros is the average globally per month, and that's on a, an average 26 month deal.”
Assertion Not checkable as stated
Branner: GenieBelt has close to 200 paying companies
“Yeah, there's a hundred and, in, in, in the end of the, close to 200 paying companies.”
Assertion Supported
Branner: GenieBelt has raised just under €4 million
“And just under four million euros.”
Assertion Not checkable as stated
Branner: GenieBelt sees customer acquisition payback in 7 to 8 months
“So we have a return of investment between seven and eight months.”
Disclosure
Branner: GenieBelt originally targeted €70K to €72K MRR for 2017
“We were expecting to hit just around, I think 70, 72,000”
Assertion Not checkable as stated
Branner: GenieBelt was at approximately €10K MRR in December 2016
“So December 16, we were at 10, I think.”