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 13 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 2 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
Ryan Smith had two hours to decide on SAP's $8B offer
“I had two hours to decide whether we're selling to SAP for eight billion dollars cash.”
Smith claims every higher education institution worldwide uses Qualtrics
“It's just not a good business model, but if you look at it now, every single academic higher ed institution in the world uses Qualtrics.”
Ryan Smith commits to running the Utah Jazz for 35 years
“I'm doing this for 35 years. The last person who ran the team had it for 35 years. I'm doing this for 35 years, and really, that's my thought. Like, we're doing it for that long.”
Qualtrics adds one million trained academic users each year
“We have a million academic users that are popping out annually, and throughout the course of time, everyone's getting trained on our product and our platform.”
Smith: Qualtrics never had a singular 'aha moment' or tipping point
“With Qualtrics, I don't think there's ever really been an aha moment. There hasn't been this tipping point where it like all worked. It's been what I would call probably more push than pull the whole way.”
Smith: 20% of Qualtrics staff voiced objections after SAP acquisition
“We had 20% of our employees come in and be like, hey, I didn't sign up for this.”
Smith: Qualtrics is being built to last 40 to 50 years
“We're trying to build something that's going to be around for the next 40 years, 50 years, and if you're building that way, it's actually a totally different playbook than if you're building something that it's got to work for you.”
Qualtrics reached nearly $50M revenue with 50% profit margins while bootstrapped
“We were close to coming up on fifty million dollars in, in sales and, you know, 50% profit margins, a hundred percent bootstrap.”
Qualtrics' 2012 Series A was the largest first-time VC investment since 2008
“And it was the largest series a or first time investment since 2008.”
Ryan Smith: Jared Smith managed eight executives at WordPerfect aged 18
“He started working at WordPerfect as a product guy at 16, and he had to, you know, he had to figure it out. Like, he was a whiz kid. He was managing a team of eight executives at 18 years old”
Smith: Qualtrics was cash flow positive from inception
“We, we've been cashflow positive from the beginning”