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 7 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
Dash: Dubsmash shut down major international markets during dance pivot
“We kicked out, we shut down markets. We literally shut down markets in places like India or in other areas.”
Dubsmash Was Saved From a Data Breach by Cyber Insurance
“We had a moment where there was a data breach in the company, and with 10 weeks of cash left, and we happened to find that we had insurance to actually save us.”
Dubsmash Avoided Shutdown by Negotiating an Acquisition Breakup Fee
“When we figured out that we were able to negotiate a breakup fee with one of the acquirers that kept us going, otherwise we would have shut down.”
Dubsmash founders decided in January 2020 to sell the company
“My co-founders and I on the first week of January of 2020 said we are going to sell the business. And we said, so from that moment moving forward, we were really clear about this was the outcome that was going to happen for them.”
Dubsmash Endured Two to Three Failed M&A Processes Before Reddit Deal
“Openly we went through sort of almost two to three failed processes until we found a successful process with Reddit.”
Press Report Prompted Reddit's Initial Outreach to Acquire Dubsmash
“So, interestingly enough a journalist was able to snuff out that two acquirers were actually coming in and thinking about acquiring the company. And, you know, I denied it. As much as I possibly could. And then really the next day I realized, I really don't ha…”
Dash: Dubsmash intentionally avoided leaderboards to protect new creators
“So for us, we were always careful about ever showing things like a leaderboard or ever showing, Hey, here are the top 10 creators on Dovesmash. We always wanted to make it feel like Dovesmash was accessible and everyone had a shot at being able to be famous.”