“In the USA alone, over 700,000 companies shut down every year. In 2019, prior to the pandemic, 928,000 out of the 1.04 million newly established companies had shuttered.” (U.S. Small Business Administration, 2021)

Can you briefly introduce your company?

With more than 80% of companies worldwide that won’t survive up to 10 years, evidently high shutdown rate, roiquant is offering affordable startup intelligence to help founders reduce the risk of business failure.

Our roiquant solutions empower founders to build strong competitive businesses with high ROI (return on investment) by analyzing the capital markets, competitive landscape, companies’ performance, business strategies, risk factors, and more for actionable insights.

In other words, our proprietary cloud-based software application is built with analytical company performance data, private capital market data, business tools, and simulators, as well as an investors database, to serve aspiring and budding entrepreneurs building profitable businesses.

Any highlights on your recent announcement to share?

Recently, we launched our pitch deck analytics to perform an evidence-driven assessment in order to diminish investing decisions clouded by prejudices or biases, as well as safeguarding founders from bad actors who would breach confidentiality by irresponsibly sharing their fundraising pitch decks with competing businesses.

We’re also in the midst of planning our first virtual preseed startup competition, taking place in the Q4 2022, to groom world-class founders solving real-world problems aligning with the United Nations’ Sustainable Development Goals.

Can you share more insights on your solutions offerings?

As a business intelligence solution, our pitch deck analytics focus on analyzing the business components and fundability of fundraising pitch decks instead of reporting the number of shares, analyzing presentation interactivity, evaluating creative and template design, and so on.

Moreover, our on-demand pitch deck analytics is powered by industry comparison benchmarks, real market data, and proven frameworks to help founders foster commercial viability and competitive differentiation by guiding them to enhance their business offerings.

Powered by our roiquant solutions, our virtual preseed startup competition will allow participants to safely fail, learn, innovatively prototype, and pivot/pitch their ideas throughout the qualifying, semi-final, and final rounds.

Leading up to the final round, the top 30 finalists shall demo and pitch to a panel of judges (serial founders and investors).

After evaluation, we will announce the 3 winners and reward them with our equity-free cash prize money.

• 5-figure cash prize for the first place and second place winners

• 4-figure cash prize for the third-place winner

More information will be shared in the coming months, but in the meantime, you may consider joining our waitlist to receive our latest updates.

What are your plans for the rest of the year?

Apart from upgrading our current features and releasing new features (shown below), we’ll be raising seed investment to further boost our early traction (achieving product-market fit), R&D in AI, large data storage and management, and hiring experienced talents (remote employment).

Upgrade current features 🔄

👉 Data: shuttered companies, discontinued products, investors’ losses, bankruptcy, product showcase

• Improve user experience, new filters function; more enriched data

👉 Startup intelligence: a postmortem analysis

• New charts, comparison benchmarks; more enriched data

👉 Venture intelligence: portfolio analysis

• New charts, comparison benchmarks; more enriched data

👉 Competitive intelligence: competitive landscape

• Improve algorithms and user experience; more enriched data

👉 Tools: idea validation

• Improve algorithms, user experience, results reporting, scoring system, and feedback; more enriched data

👉 Tools: pitch deck analysis

• Improve algorithms, user experience, results reporting, scoring system, and feedback; more enriched data

👉 Simulation: pre-revenue business valuation

• Improve user experience and comparison benchmarks**

👉 Simulation: market sizing

• Improve user experience and comparison benchmarks

👉 Deals sourcing: very-early stage, early stage

• Improve user experience and new features

New features releases 🆕

👉 Referral flywheel: referral program, affiliate partnership, ambassador program

👉 Pricing: Pro plan

• Public APIs integration for developers and enterprises

👉 Pricing: Pro plan

• Licensing for enterprises

👉 Funding sourcing: growth stage, late-stage, post-IPO stage

👉 Deals sourcing: growth stage, late-stage

👉 Simulation: start-up cost budgeting

👉 Simulation: financial modeling

👉 Tools: no-code builder

👉 Virtual preseed startup competition: equity-free cash prize money

What is the best thing about your company that people might not know about?

Our bootstrapping company enjoys low operating expenses (burn rate) because:

• We’re headquartered in a small oil-rich country, and so we benefit from relatively low corporate income tax (18.5% on a threshold basis) and no capital gains tax, as well as no individual taxation, such as personal income, net wealth/worth, inheritance/estate, capital gains, capital duty, payroll, and social security taxes.

  • Importantly, pioneer industry companies and companies with revenue that does not exceed SGD $1 million are exempt from corporate tax.

• Our government launched an internship program to train fresh graduates for the job market by subsidizing the salary of interns hired by companies for 18 months, which helped us groom our homegrown talents with lean budgeting to compete with our direct international competitors.

About roiquant
roiquant's (roi-kwant) affordable decision support system offers founders actionable insights to reduce risk of business failure and build business defensibility. When founders want to build valuable and successful businesses, but don’t have sufficient knowledge and resources, roiquant solutions help founders gain competitive edge, so they can make data-informed decisions to innovate and generate high return on investment.

For more information about roiquant’s award-winning solutions, visit www.roiquant.com and join roiquant community on Discord.

Disclaimer: Any information, data and content on our business intelligence platform, web applications or websites are for general information use only. The information and analyses presented on our web applications and websites do not constitute any legal, business, investment or tax advice. Even though certain information are cited from third-party sources while believed to be reliable, roiquant has not independently verified such information and makes no representations about the accuracy of the information or its appropriateness for any given situation. References to any securities or charts or graphs and all materials provided in connection with roiquant’s web applications or websites are provided strictly on “AS IS” basis without any representations or warranties, express or implied, which should not be relied upon when making any investment decision. Any projections, estimates, forecasts, targets, recommendations, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.

Our proprietary data retrieval systems scan the Internet to automatically aggregate public information from news articles, websites, press releases, regulatory filings, and so on. Roiquant’s idea checker, tools, simulations, intelligence and algorithmic systems are powered by artificial intelligence and advanced analytics using our own proprietary data and synergised public data. Roiquant does not warrant the completeness or accuracy of data provided, so you would need to independently verify the information. Nevertheless, we encourage you to check the accuracy of our information before its use. We also gently advise that you obtain sufficient knowledge, market understanding, professional advice and experience to make your own evaluation of the merits and risks of any actions with the information.

Last edited on 3 November 2022. Republished at Hacker Noon and originally interviewed by Tech Company News.