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.

clear all ✕

why aren't all 5 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 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

Prediction Didn’t hold up
Foroughi: AppLovin will become the third-largest digital ad marketplace
“Like if you just to size it, that's Facebook, Google one, two, or in whichever order I'd have to check, but that's the third biggest digital marketplace for advertising in terms of scale that will exist.”
Adam Foroughi Nov 29, 2021 ▶ 32:04 20VC: AppLovin's Co-Founder & CEO, Adam Foroughi on How AppLovin Might Be The Venture Capital Industry's Biggest Miss, How To Run a 1,000+ Organisation with Very Few Meetings & Balancing the Demands of Wall St with Long Term, Sustainable Growth
Assertion Contradicted
AppLovin Cut Departmental Staff 40-50% in 2024 Despite Fast Growth
“Mostly in 24, we had a year where we probably grew near double digits. Sorry, near triple digits. But we ended up cutting the team's staff by 40, 50% in most departments.”
Adam Foroughi Apr 27, 2026 ▶ 15:09 AppLovin CEO: Why Founders Shouldn't Angel Invest & Why the Best Don't Need Mentorship · 20VC with Harry Stebbings
Prediction Didn’t hold up
Foroughi: AppLovin will clear over $15 billion in ad spend by 2022
“And we put out there by the time we're done with this next year, clearing over fifteen billion dollars of ad spend in our marketplace.”
Adam Foroughi Nov 29, 2021 ▶ 31:57 20VC: AppLovin's Co-Founder & CEO, Adam Foroughi on How AppLovin Might Be The Venture Capital Industry's Biggest Miss, How To Run a 1,000+ Organisation with Very Few Meetings & Balancing the Demands of Wall St with Long Term, Sustainable Growth
Assertion Contradicted
Vivas: AppLovin Was Spun Out From My First Ad Tech Business
“So we sold that company. But before we did, we spun out a few assets. One of them was called Bright, which I went to go focus on. And then another one was called Applovin, where my brother and my co-founder Adam Fergie went to go focus on.”
Eddie Vivas Apr 1, 2022 ▶ 4:52 20VC: The Biggest Mistakes Startups Make Hiring, The 2 Reasons Startups Fail and How to Avoid Them, Why Most Startup Equity Plans are F****** and Why You Should Scrap Titles From Your Company with Eddie Vivas, Founder & CEO @ Curated
Assertion Contradicted
AppLovin scaled 2020 revenue to over $1.5 billion
“Under Adam's leadership, he's taken the company public, he's grown the team to over a thousand people around the world, and scaled revenue in twenty-twenty alone to over 1.5 A billion dollars.”
Harry Stebbings Nov 29, 2021 ▶ 0:18 20VC: AppLovin's Co-Founder & CEO, Adam Foroughi on How AppLovin Might Be The Venture Capital Industry's Biggest Miss, How To Run a 1,000+ Organisation with Very Few Meetings & Balancing the Demands of Wall St with Long Term, Sustainable Growth
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