Expanse

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• neutral fact_claim Tim Junio

  so first off my company doesn't specialize in anti-ddos technology because I think it's mostly a nuisance that to a large extent is being well handled

• neutral assessment Tim Junio

  so step one is with the expanse to just know what the attack surface is

• bullish endorsement Tim Junio

  that is a beautiful example of our value prop as a company

• bullish fact_claim Tim Junio

  every military service for example is a customer Army Navy Air Force

• bullish assessment Tim Junio

  over half a trillion a year is spent on connectivity and it's all managed through like a subscription with AT&T and then a bunch of Excel documents it's actually kind of crazy there's no CRM as it were of the devices servers nodes on your network

• neutral fact_claim Tim Junio

  so expense is the first platform for internet operations management

• mixed assessment Unattributed

  I've talked about Tiger Global, KOTU, those are some of those late stage firms who have the philosophy, you can never overpay for a winner. Now, Adina is a winner, I know that hopefully Divi is a huge winner. But this is a very extraordinary valuation run up,

• neutral fact_claim Unattributed

  Before she joined the podcast, company was valued at 490 million and she had raised 110 million dollars in 2021. Then in October of 2021, less than a year after raising that 110 million, she raised a $200 million Series D at a $2 billion valuation, co-led by Caffeinated Capital and Tiger Global.

• bullish assessment Unattributed

  basically rent to buy, right. But Adina with this very clever idea gets to have individuals really care about the home they're buying. So this makes the renters care about the home, they're going to take better care of it, right, because they have a chance to buy it.

• bullish assessment Unattributed

  they provide an on ramp to home ownership, really clever idea. The person finds a home, then they start renting it, Divi buys it, and then you rent to buy. So you only have to pay one to 2% upfront, Divi pays the rest, and the person pays the monthly rent, but 25% is put aside towards savings that could be used the future purchase of the home,

• bullish assessment Joe

  you have to believe and what I think we did a really good job of is picking early investors that believe that this is a missing mode of communication at work. Like this is a massive opportunity. And in order to get this right, you just have to focus on building a best in class product. And that takes disproportionate resource allocation to our video infrastructure is the most performant that exists for any asynchronous video recording and sharing. And then the second part of defensibility, if yo

• bullish fact_claim Unattributed

  They've raised more money since in May of 2021, 130 million dollar Series C at a $1.4 billion pre money valuation, led by Andreessen Horowitz coming after Sequoia. And so that's a 4x boost since being on the show. Clearly, the show correlates with success or our ability to pick the companies perhaps.

• neutral fact_claim Unattributed

  They were founded in 2016. Joe was on the show in September of 2020. And at the time, the company had just raised their Series B 29 million dollars at a 321 million dollar valuation, Sequoia and co to two amazing firms, Sequoia being most legendary firm and successful firm

• bullish endorsement Unattributed

  you can just very easily make short walkthroughs and videos combining desktop, walking through a presentation, a PowerPoint or whatever it happens to be amazing for onboarding new hires, all that kind of stuff. That's what we use it for. We walk them through like, hey, welcome to the company. Here's

• bullish assessment Unattributed

  these looms are really easy to create. And they're actually really, really effective, because they're customized, and they're fast. So people working from home can do a very quick walkthrough of a product, they don't need to have to know how to do video editing. Previously, the software would have taken, okay, I've got to record my screen. Okay, now I got to record a video on myself. Okay, now I got to sync it. I mean, it would have taken hours to make these videos. Now, you know, with tools lik

• bullish assessment Spencer Kimball

  it's certainly become immeasurably larger. I mean, things it's not just that everyone's moving onto the cloud. And I was mentioning those global 2000 that tipping points already happened in the last couple years. Now they're like every one of these companies is buying 100 million or 100 billion, sorry 100 million in credits over the next four years or something. You're like tripping over those kinds of deals. So that is already happening. And that's just represents non organic growth in the clou

• neutral fact_claim Unattributed

  Since then, they've raised two more rounds of funding. They did a series F at a $5 billion valuation in December of 2021.

• bullish assessment Daphne Kohler

  we are in a position where there has been a set of tools that have been developed by bioengineers and cell biologists that all of a sudden give us the opportunity to measure biology at unprecedented fidelity and scale. And that is just an incredible opportunity for people to bring that suite of tools together with tools from machine learning and data science to solve problems that are at the core of society at the core of making the world a better place. ... And that's really what we hope to do

• bullish endorsement Saji Wickramasekara

  But more or less the way everyone works together in life sciences is based on paper, email, spreadsheets. So literally, they're in Excel spreadsheets, typing information. Yep. There are paper lab notebooks at every biotech, you know, company, academic lab, and those notebooks just sit there and collect dust. And so these are really, really important problems they're working on, and they're doing it with pretty lame tools. And so the complexity of the scientific work has gone up so much. And so t

• bullish fact_claim Jason Calacanis

  It's a 14x valuation step up since joining the next unicorns.

• bullish assessment Jason Calacanis

  And they sell cloud software to biotech research and development. Sounds really boring. And sounds really profitable to me.

• bullish assessment Unattributed

  I think the I mean, too much having too much. There's such a thing as having too much capital and too much money. So you wouldn't take it? If you offered 500 million right now? I wouldn't as a current stage because I have no efficient way to use 500 million right now. Right. But if you came with 100, maybe we open a dialogue. I mean, we've raised 150 million with upgrade already. So yeah, we're I mean, we're and we're I think we're using that capital efficiently again to create new products, lau

• neutral fact_claim Unattributed

  12x plus since they joined the podcast, they they're up 12x since we're on the podcast.

• bullish endorsement Unattributed

  When did they do it? They did it in November of 2021. That was it. That's when the party ended. That was q4 coming out of the pandemic. And it was led by DST Global. That's a 12x plus since they joined the podcast, they they're up 12x since we're on the podcast. And Renaud is still the CEO at Upgrade. Congratulations to him and the team.

• neutral fact_claim Unattributed

  Upgrade also offers home auto and health focused rewards and provides educational tools to help customers better understand credit and debt. That's a place for you to get loans basically. And the startup's most recent round of funding before they came on the pod was a $62 million Series C at a $500 million valuation. That was back in August of 2018. So in order for them to become a unicorn, they would need to double their valuation. And most recently, Upgrade raised a $280 million Series F at a

• bullish endorsement Jason Calacanis

  they do enterprise software to allow people to do background checks. You can imagine if you're Uber, if you're DoorDash, or any company that's hiring people, you may want to check who you're hiring. And to have it as a service like AWS to do a cheaper, faster, better on demand was a brilliant idea. And they can do it for 55 bucks. Pretty amazing when you think about it.

VentureSignalScore 27.4/100 for expanse, composed from 2 of 4 components (emerging formula), discounted ×0.85 for 50% signal coverage