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.

3statements match

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why aren't all 3 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

Disclosure

Qualtrics rejected Series A term sheets $100M-$150M higher in valuation

“We never optimized funding for economics. We had term sheets at a hundred and a hundred and fifty million dollars more than what we went with.”

Ryan Smith Dec 16, 2016 ▶ 14:39 20VC: Qualtrics' Ryan Smith on Building A $Bn Company & Raising The Largest Series A Since 2008 From Sequoia & Accel

Disclosure

Qualtrics turned down a $500M cash acquisition offer in 2011

“In 2011, someone offered us five hundred million dollars cash to sell our business. And we were at this point where we turned it down.”

Ryan Smith May 11, 2021 ▶ 19:12 20VC: Qualtrics Founder, Ryan Smith on The 2 Hour Decision Whether To Sell Qualtrics for $8Bn in Cash, Why Tying Your Identity To Your Company Will Never Make You Happy and His Relationship To Risk, Wealth and Responsibility as a Result

Disclosure

Smith: Early basement days of Qualtrics were his worst business experience

“Because the basement sucked. It was like the worst time I've ever had, like, running a business”

Ryan Smith May 11, 2021 ▶ 5:07 20VC: Qualtrics Founder, Ryan Smith on The 2 Hour Decision Whether To Sell Qualtrics for $8Bn in Cash, Why Tying Your Identity To Your Company Will Never Make You Happy and His Relationship To Risk, Wealth and Responsibility as a Result

The Ledger

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