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I've seen a similar website before with IndieHacker or ProductHunt verified revenues (forgot which). Maybe I missed it here but how are these reoccurring revenu

I've seen a similar website before with IndieHacker or ProductHunt verified revenues (forgot which). Maybe I missed it here but how are these reoccurring revenues verified, and as others mentioned here, are they audited?

upen946 6y ago
As mentioned in my other comments, Yes. This is all real data. No false data. All data taken from various sources like stripe, paddle, baremetrics data. Only thing to note is - this is before expenditure deduction. Its revenue. Not profit. But with most of these typically sass and lean startups, I would say 80%-90% would be profits, may be.
- carnivor 6y ago
  >Yes. This is all real data. No false data. All data taken from various sources like stripe, paddle, baremetrics data. I get that, but the owner of the site reiterating the validity does not really verify anything. At least a page on the website that explains the methodology of arriving at these numbers would be better, maybe with some anonymized screenshots even.
  - DVassallo 6y ago
    The methodology is in the sentence you quoted.
    - carnivor 6y ago
      Listing payment processors does not explain methodology. Did the startup owners send screenshots of their revenues from these processors to listt.xyz? Or did listt.xyz reach out to stripe, paddle, baremetrics ask to verify revenue data? If the whole premise of listt.xyz is showcasing financials of private businesses, I wouldn't trust the data integrity so blindly without at least some credible explanation of how those numbers came to be.
      - upen946 6y ago
        Private business can still opt to display their revenues via comapnies like baremetrics. So, companies like baremetrics pulls this data from their stripe,paddle accounts. Business will give access to baremetrics/similar companies to pull this data. Listt uses data from this kind of sources. This builds credibility around the business.

upen946 6y ago

As mentioned in my other comments, Yes. This is all real data. No false data. All data taken from various sources like stripe, paddle, baremetrics data. Only thing to note is - this is before expenditure deduction. Its revenue. Not profit. But with most of these typically sass and lean startups, I would say 80%-90% would be profits, may be.

carnivor 6y ago
>Yes. This is all real data. No false data. All data taken from various sources like stripe, paddle, baremetrics data. I get that, but the owner of the site reiterating the validity does not really verify anything. At least a page on the website that explains the methodology of arriving at these numbers would be better, maybe with some anonymized screenshots even.
- DVassallo 6y ago
  The methodology is in the sentence you quoted.
  - carnivor 6y ago
    Listing payment processors does not explain methodology. Did the startup owners send screenshots of their revenues from these processors to listt.xyz? Or did listt.xyz reach out to stripe, paddle, baremetrics ask to verify revenue data? If the whole premise of listt.xyz is showcasing financials of private businesses, I wouldn't trust the data integrity so blindly without at least some credible explanation of how those numbers came to be.
    - upen946 6y ago
      Private business can still opt to display their revenues via comapnies like baremetrics. So, companies like baremetrics pulls this data from their stripe,paddle accounts. Business will give access to baremetrics/similar companies to pull this data. Listt uses data from this kind of sources. This builds credibility around the business.