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 14 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 1 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: Melio's $2.5B acquisition multiple is intimidating for venture expectations
“I thought it was discouraging. What I mean is that Melio gets acquired for 2.5 billion... This is not the greatest multiple of all time, is it? That that that intimidates me that it's not a great multiple. I find it intimidating as an investor, actually, becau…”
Matan Bar: Bill.com targets finance pros; Melio targets owner-operators
“As these tools, Bill.com, Avid Exchange, all these wonderful accounts payable automation solutions are mostly built for finance professionals, like an accountant, a bookkeeper, a finance team, and Melio is targeting these owner operators, these small businesse…”
O'Driscoll: Melio Raised at $4.5B Valuation in 2021 Before $2.5B Exit
“I think the interesting thing also about that one was that, you know, they'd raised a couple of rounds significantly above that in value. I think they'd raised in 21 two rounds, the last of which was four and a half billion, right?”
Lemkin: Melio Sold for $2.5B At $153M ARR Growing 127%
“Melio gets acquired for 2.5 billion. Look, that's a lot of money by, you know, hopefully folks will watch this and mock me for like not thinking that's a lot of money. It's a lot of money. But guys, they're at one hundred and fifty three million in AR growing …”
Melio turned down higher valuations on every funding round
“We turned down higher valuations than the ones we took from our current investors on every round, really. Like, on our A, we had a higher valuation from another VC. On our B, on our C, this last round as well, we always received higher valuations, but we picke…”
Bar: B2B payment platforms cannot rely on forced recipient sign-ups
“With B to B payments, and with Melio, it was interesting because we could not force a closed network. So, when a restaurant owner is paying its, I don't know, 15 suppliers, electricity company, the fish supplier, we need to make sure that the restaurant owner …”
Matan Bar: Monthly HR reviews keep scaling startups ahead of org changes
“We meet every month. We have an HR review to see, evaluate specific performance topics, and just try to understand whether the structure that we have is the right one for the goals that we're trying to set. And it's not like every month we're changing the stru…”
Bar: Melio will offer credit through partnerships, not in-house balance sheet
“I think we're most likely going to partner with a company that is doing credit well in order to provide this service as a Our focus is to become the best B to B payments platform and user experience, and that's a lot of work already. So getting into credit und…”
Melio reaches 200 employees with 49% female gender breakdown
“Today, we're 200 people, 49% women, 51% men. This was the seed for us to become a truly diverse company. Most of our leadership are women.”
Bar: Melio co-founders agreed to partner before having a business idea
“I think we've decided to work together in terms of our shared values. Like, we decided to work together before we had a specific concept in mind.”
Stebbings: Melio Held $650M Total Preference Stack Prior to Sale
“The pref stack here was six 50. So it was six 50 total pref stack, and then the last round was four billion by GC”
Bar: Melio grew headcount from 30 to 200 employees in one year
“We grew from 30 people in January, 20 20 to 200 this January.”