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 9 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: SaaStr Has Never Done Competitive Diligence Since First Investment
“I only did it once on my first investment in pipe drive and I give up. I've never done it. I've never reached out to a competitor. I've never done any competitive diligence, right? Not once.”
Lemkin: Private Equity Firms Will Lose Money on Bubble-Era Software Buyouts
“Yeah. I think they'll lose money on, on, on these deals.”
McLoughlin predicts Pipedrive will be worth hundreds of millions or billions
“I think that's going to be a business which is worth many hundreds of millions or even billions of dollars in the future”
Lemkin reveals 2013 Pipedrive seed terms and $1.5B exit outcome
“When I invested in pipe drive in 2013, my first investment It was 16 pre at 1.2 million ARR. Okay. Growing nine percent a month. Okay. And we argued over the price. Now, pros and cons, but it did exit for a billion and a half.”
Lemkin: First five VC investments all achieved unicorn valuations
“And I did five real unicorns in my first 13 months, right? I did pipe drive, which exited for like 1.25 billion. And then I'll go, it was my second. That's where 2.5 billion will IPO next year. I did talk to us worth ten billion. I did Parklet greenhouse, whic…”
Lemkin: Invested in Pipedrive at a $16M Valuation
“When I did that bet in pipe drive, ok? And that was, and I, Did it at sixteen million, right?”
Lemkin: Pipedrive was my first venture investment and sold for $1.5B
“Pipedrive, which was my first venture investment, right? Which eventually sold for a billion and a half, but lost to HubSpot.”