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 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
Avi Meir: Startups are sports teams, not families
“It's not a family, right? And if you have to use a cliche, the family one, I like sports team one, right? So in a sports team, you have to sometimes give hard news, difficult news and deal with it instead of trying to be liked and protective. And I think the b…”
Meir: TravelPerk will be the top global business travel platform by 2025
“We probably will be the number one business travel platform globally in the next five years.”
Meir: TravelPerk is actively seeking acquisition opportunities during the pandemic
“We're definitely, any deal of this, we're definitely looking more and more into that direction, yeah.”
Avi Meir: TravelPerk grew Q1 2020 revenue multi-fold year-over-year
“But we actually grew very, very well multiples year and year in Q-one, right, in revenue. So Q-one was an amazing quarter for us in growth, even though we had, of course, not so great March.”
LocalGlobe offered TravelPerk emergency capital without asking for terms during COVID
“As the crisis started, they sent me an email and they said, We have X million waiting for you. Tell us when to wire them. They didn't ask about terms. They didn't ask about if I actually need the money.”
Meir: TravelPerk lost great engineers due to strict office-only policy
“We actually never did remote work as a company. We always believed in being in the same office, having this kind of serendipity that you get by bumping into people and having an interesting discussion, waiting for the coffee or something. So we never did remot…”
Meir: TravelPerk rejected remote work, accepting talent loss to maintain culture
“And so far, we made very clear not to have multiple locations. We only had Barcelona. We never did remote, and we lost great people because we didn't do remote, and some, like, great engineers want to travel to Japan and work from there, so we paid some price,…”
Meir: Cutting workforce capacity too deeply will delay post-pandemic rebuilding
“As I said, it's going to end, and people will go back to traveling, and I don't want to lose 12 months after lockdowns are lifted in rebuilding the capacity, rebuilding the muscle that we have lost if we went and did too deep of a cut.”
Meir: TravelPerk is the last company he will ever work for
“Travelpeak is the last company I'm going to work for.”
Meir: TravelPerk never conducted concentrated fundraising sprints pitching dozens of funds
“I never went into, like, a fundraise mode and pitched, like, 30 funds in a period of a month. I never had to do it.”
Meir: Startup employees must learn new jobs every six to twelve months
“So if you want to keep growing, you as a person, you want to keep growing at the speed of the company, you need to get a new job in the company every six to 12 months. And this is just very challenging for most people, first, to accept, and second, to execute,…”
Meir: Global travel demand dropped below 5% during COVID lockdowns
“We're talking about demand going probably, and I'm being generous here. Probably below five percent globally for travel right now. Some areas just zero, right?”