The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
why aren't all 57 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 2 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
AppLovin Received Early Acquisition Offer Worth Hundreds of Millions in Cash
“We got approached to sell the business for quite a lot of money in the hundreds of millions of dollars, all cash.”
AppLovin Market Cap Dropped 92% in 2022 to Under $4 Billion
“In 22, we fell about 92% to a little bit under four billion dollar market cap.”
Adam Foroughi Commits to Staying AppLovin CEO for Next 10 to 20 Years
“As a CEO of a public company, I'm committing for the next 1020 years. I need to be here a long time.”
AppLovin Issues Roughly $300M in Stock-Based Compensation Annually
“So, we, we've given roughly the same amount of stock every year in terms of absolute amount. It's roughly three hundred million dollars.”
AppLovin Operated Without a Board From Founding Until KKR's 2018 Investment
“When we were private from 2011, when we started the business to 2018, when KKR invested and we got our first three person board, I didn't have a board.”
Foroughi: Mobile app discovery was bound to become a massive problem
“So app discovery was gonna be a real big problem, and we wanted to solve it through advertising.”
AppLovin operates nearly 20 studios with 3,000 game developers worldwide
“We've got 3000 game developers that are building games for us. We've got almost 20 studios around the world.”