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 10 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
Together.ai Scaled From $2M to Over $100M Revenue in 15 Months
“Together is a good one, where we were in the A in 15 months ago, they were at two million revenue. The business is now north of a hundred million revenue.”
Jake Saper Has Never Had a VC Investment Go to Zero
“No, what you mean is I've never none of my deals have ever gone to zero.”
Zoom was profitable when Emergence Capital invested in 2014
“It was competitive both because the, there was early growth, but also because the company was profitable. And so we didn't have to raise capital.”
Emergence Capital Has Returned Over $8 Billion in Cash
“The dollars in capital, we've returned a little over eight billion dollars in cash.”
Saper: Veeva's market was only $400M when Emergence invested
“When we made the investment in Viva, a CRM for pharmaceutical companies, the entire market for that was four hundred million dollars globally.”
Saper: Private equity typically pays 3x to 5x ARR for acquisitions
“Savior is too strong of a word because most private equity outcomes don't generate incredible returns for the VC. So savior is not the right. It may be savior in the sense that like would get your money back. The sales loft outcome was an awesome one, but that…”
20% of Emergence Capital Investments Hit $1B+ Valuations
“One out of five have gone on to raise rounds at north of a billion dollars.”