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 6 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
Lemkin: Stripe, Figma, Chime, and Canva will IPO within 18 months
“Stripe, Figma Chime, the list of folks north of five hundred million, ok, Canva, three billion, that are gonna IPO in the next 18 months.”
O'Driscoll: Chime will IPO around $10 billion, down 50% from peak
“I think if you end up plus or minus ten billion, you know, rough order of magnitude here, you are looking at a deal going public, you know, 50, 55% below the last round price.”
Lemkin: Menlo Ventures will 10x to 15x its investment in Chime
“They said they did the Series B, right? So they did the Series B at 203 hundred. Maybe we can figure it out on the fly. They're going to, this will be a nine. There'll be some dilution. They'll 10 or 15 X their money, right? That'll be a fun returner or more t…”
O'Driscoll: Chime will expand into offering loans and cross-sell products
“They're going to add, you know, loans, which they don't really do a lot of today and all the other cross sell stuff that every financial services company does at scale.”
Harry Stebbings: Chime is worth roughly a quarter of Revolut
“Chime, you know, is probably a quarter of the enterprise value of Revolut now.”
Shah: Crosslink acquired over 20% of Chime through a modest early investment
“Look at Crosslink. I mean, no one really talks about Crosslink. I don't even know if you've had an investor from Crosslink on, on 20 Minute VC, but they ended up owning like over 20% of Chime you know, through, like, a pretty modest deal because no one was loo…”