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
Sharma: Movable Ink crossed $40M ARR on $14M in venture funding
“About several months ago, we passed about forty million dollars in annual recurring revenue, and most companies that have gotten to this point, you know, they've raised 80, 90, a hundred million dollars in capital. We've only raised about fourteen million doll…”
Insight
Sharma: Focusing solely on net retention masks leaky gross churn buckets
“You've got to treat both of those independently. Otherwise, you can mask a very leaky bucket and gross retention problems if you're only focused on on net sure.”
Assertion Supported
Sharma: Starbucks, Nike, and AmEx Use Movable Ink
“So we've got brands like Starbucks, Nike, Hilton, The Gap, American Express using us.”
Disclosure
Sharma: Movable Ink Enterprise ACVs Range From $30k to Multi-Millions
“We don't really start at less than about 30,000 dollars a year for those enterprise brands. We do a market tier as well, but we've got companies that pay north of a million dollars a year. We've got lots of companies that pay several million dollars a year to …”
Assertion Not checkable as stated
Sharma: Movable Ink achieved triple-digit growth in net new logos
“Especially on the net new side, the new, completely new logos, we've had triple digit growth in bringing in new logos and revenue growth.”
Assertion Not checkable as stated
Sharma: Movable Ink maintains over 110% net revenue retention
“I I'd say north of a 110%.”
Assertion Not publicly verifiable
Sharma: Movable Ink prices software on CPM of email opens
“So we used a very similar model, but of course we can't measure sends. We only show up when an email gets opened. So it was CPM on email.”
Disclosure
Sharma: Movable Ink raised a $5M internal note in early 2018
“We raised about 9.3 five years ago, and we added about five million to it maybe six months ago.”
Disclosure
Sharma: Movable Ink's CAC payback period is under 12 months
“I will say our payback periods they are under 12 months.”
Disclosure
Sharma: Movable Ink surpasses a 5x LTV to CAC ratio by quite a bit
“I think you're doing really well, right, with a five you know, five X LTV to CAC. We're surpassing that by quite a bit.”
Disclosure
Sharma: No Movable Ink shareholder has ever done a secondary sale
“No one here has ever done a secondary.”