George Simons
๐ค SpeakerAppearances Over Time
Podcast Appearances
We think recurring revenue is a little bit overrated.
And our revenue, I think, is very predictable.
People are getting sued at the same rate every month.
They have been for decades.
So we consider our revenue to be very predictable, even though it isn't technically like monthly recurring revenue.
Yeah.
Yeah, the main person that we help are people that are being sued for debt lawsuit, right?
So when somebody gets sued for debt, they get on Google or YouTube and they search how to respond to debt collection lawsuit.
And then they find Solosuit in those search results.
Then we walk them through the process and give them the help they need.
Yeah, 10 million people are sued for debt every year in the US.
9 million of them automatically lose their case because they can't figure out how to respond.
So we're targeting those 9 million people to make it easier to respond.
That said, usually most people that are coming to us, they're in credit card debt.
Yeah.
Let's say somebody is being sued for like thirty seven hundred dollars in debt.
That's the our average is actually forty seven hundred dollars.
they'll come to our site they walk through our process they can generate their response document to respond to the lawsuit uh for free on our website then they pay us to have an attorney review the document and then to file the document for them so uh without before solicitors being sued they're going to lose their lawsuit automatically because they can't figure out how to respond
Then when they find a solo suit, they're able to respond properly within their deadline and block the lawsuit.
And then usually around like 60% even more of the time, customers' cases get dismissed and they actually win their case just by filing an answer.