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
Logan Bartlett initially expected Braze to be acquired for $300M-$400M
“At the time I was convinced that the most likely outcome was that it was going to be a 300 or four hundred million dollar acquisition by sales or Adobe or someone like that. And so I felt like I had to be really disciplined on the entry price because it just s…”
Redpoint's growth framework targets 3x-5x returns with 10x upside
“Our simple underwriting framework for growth at Redpoint is three to five X with 10 X plus upside, right?”
Logan Bartlett has no regrets on investments made during 2021 market peak
“While I wish that I invested at today's prices last year, there isn't a single investment that I wish I had back, right?”
Redpoint's growth team prioritizes return multiples over ownership targets
“So we really focus on the outcomes more than the percentages at our stage.”
Logan Bartlett has had zero portfolio bankruptcies in eight years of investing
“I haven't yet. Now we've been in a eight year bull run since I've been investing.”
Redpoint rejected Logan Bartlett as an associate before hiring him as partner
“Battery gave me an offer. Redpoint did not. I went over to Battery. I was there for six years and the Redpoint folks kind of stay on, stayed on top of me and they wanted to correct the error of their ways and not making me an offer when I was associate. And so…”