roiquant

On 8 January, we commercially launched our premium features (20,000 early-stage & late-stage funding sources, and VCs' portfolio performance analysis) to serve founders worldwide.

After 2 months of stress and sleepless nights, for not being able to seamlessly receive USD payments for our premium solutions, we finally replaced our local bank's online payment solution for Stripe.

We're offering 'early adopter promo' to our first 500 customers who pay with annual billing and get your 2nd year free! 🙌

Promo code to claim your 100% discount on 2nd year: FlipBADidea

Also, if you tell a friend about us, you'll also get a $10 credit for each successful referral ✌️

P/S: we're building Flipidea 3.0 on a single environment for your better experience.

Foremost, thank God we pulled through 2020.

After 2 months of stress and sleepless nights, for not being able to seamlessly receive USD payments for our premium solutions, we finally replaced our local bank's online payment solution for Stripe.

We're offering 'early adopter promo' to our first 500 customers who pay with annual billing and get your 2nd year free! 🙌

Promo code to claim your 100% discount on 2nd year: FlipBADidea

Also, if you tell a friend about us, you'll also get a $10 credit for each successful referral ✌️

On 8 January, we commercially launched our premium features (20,000 early-stage & late-stage funding sources, and VCs' portfolio performance analysis) to serve founders worldwide.

P/S: we're building Flipidea 3.0 on a single environment for your better experience.

In December, we mostly worked through every single day and night to prepare for our commercial launch.

Due to unforeseen circumstances with our local bank's online payment solution, we got delayed badly.

By September, our algorithms had monitored more than 2 million shuttered companies worldwide.

Additionally, our algorithms are monitoring more than 124,000 investors, and over 30 million active companies worldwide.

In May, we published our descriptive analysis report on why 500 companies shut down.

In March, we published our descriptive analysis report on why 352 companies shut down.

In February, we welcomed our advisory board to support us in strategic direction, global partnerships and market access.

In November, we were awarded the ‘Best AI & Machine Learning Startup’ in Brunei Darussalam by the ASEAN Rice Bowl Startup Awards 2019.

In September, our pioneering research in Brunei, we were awarded the ‘Research & Development Special Award’ by H.E. Minister Dato Abdul Mutalib Yusof from the Ministry of Transport and Infocommunications of Brunei Darussalam at the Brunei ICT Awards 2019.

By August, our algorithms had monitored more than 810,000 shuttered companies worldwide.

In May, we published our first descriptive analysis report on why 150 companies shut down, and our glossary of business failures.

On 14 April, after many hours of hard work, our team officially launched Flipidea to serve our early adopters from around the world.

In mid-December, we decided to soft launch (partial stealth mode) Flipidea to test our idea validation tool (idea checker) with our very early adopters (Paul's friends acquaintances) around the world.

By September, our algorithms had monitored more than 10,000 shuttered companies worldwide.

Paul trained our first 2 interns with agile (scrum-sprint) development and design thinking process to build our first MVP (Minimal Viable Product) prototype for further customer validation.

Nearly a year later, Paul finally found our Co-founder & Chief AI Researcher (part time), and recruited her to join us in building our proprietary tech and solutions.

Our proof-of-concept was built and Paul named it Flipidea (pronounced as ‘flee-pee-dia’), which was inspired by the process of his product vision: Failed, Learn, Innovate, Pivot, your ideas

Since inception, Paul had been interviewing founders from United Kingdom, Italy, China, Hong Kong, Singapore, Thailand, Indonesia, Malaysia, and the Philippines to validate our problem-market fit.

Paul revisited the idea of building a database with collections of bankruptcy and post-mortem reports on businesses that shut down to help founders reduce their failure rate and costly mistakes.

In his research, Paul discovered that more than 75% of new and small companies around the world shut down, every year.

Thus, our Data-as-a-Service platform was born to offer analytical information about business failures.