The Ledger, every show
Every statement that passed quotation and attribution checks, across all 44 shows. Pick shows below, then mix any filter with any other.
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every show 44 of 44
Malling: Public targeted non-investors via Girlboss for high conversion rates
“So we went out to like professional women's communities, right? We parted with like Girlboss, for example. Sofia Moroso's thing. People who've never invested before, Just went in front of them cold and be like, we built this. If you want to invest, we think th…”
Malling: Public.com was the first trading platform to offer fractional shares
“We were like the first to do the whole first trading platform to do fractional shares”
Malling: Public was first to offer real-time fractional shares
“We were the first to actually do that real time thing that didn't exist before.”
Malling: Real-time fractional shares drove 60% to 70% DAU/MAU on Public
“That is really what kind of clicked with people. That's when you start to see, you know, daily active usage that was like 60, 70% on the down mile ratio basis, right? And super, super high retention, super high engagement”
Malling: Competitors copied Public's fractional shares feature within 18 months
“And, you know, over time, a lot of people basically almost all, I guess, kind of copied that feature inside a year, maybe 18 months.”
Malling: Public grew its user base 50% to 100% monthly for three years
“The user base was growing 50 to a hundred percent every month. And that compounds a lot when you do that for three years in a row, and so you're just really trying to, like, scale the platform”
Malling: 98% of trading platforms launched around 2021 have closed down
“We are one of the few few ones left standing because I kid you not, 98% of them have closed down. And maybe there was only about a hundred, so, like, that's pretty easy, man.”
Malling: Public.com remains the only platform offering fractional bond trading
“Funnily enough, because we're the only ones that still have that, and so obviously that's been a great differentiator for the last couple of years, especially as yields have gone up”
Malling: Public's first deposit metric grew 25-30x over 18 months
“There was like a one specific 18 month period where I think it went up 25 or 30 X or something.”
Malling: Public doubled its user base in 40 hours during GameStop
“GameStop was like, we doubled in 40 hours or something.”
Malling: Lehman Brothers signed as first LP before collapsing
“And our first LP was Lehman Brothers.
[286] Podcast Host: Oh, wow.
[286] Podcast Host: Ok.
[287] Jannick Malling: Well, which we never saw the money, but they signed.”
Malling: First B2B platform reached multi-billion daily volume before sale
“Eight years later, we'd scaled that to a multi-billion a day volume platform, sold it to a public traded company in the UK.”
Malling: Buying top 10 S&P 500 stocks pre-fractional shares cost $15k
“Buying the top 10 stocks in the S&P 500 at the time would cost you 15,000 dollars. So that's why people got to this thing of like, yeah, I need to save up money and then make the big leap.”
Malling: Public.com metrics jumped 5x to 10x after launching fractional shares
“Like we launch it after Labor Day. We've got all the dashboards set up. And literally it's just one of these things where you go and you refresh the dashboard after the first day, after the first week, and All the metrics are just up and to the right. Five, 10…”
Malling: Public.com reached one million MAUs in roughly 18 months
“How fast did you hit maybe a million MAUs or whatever?
Probably 18 months, two years. I mean, GameStop was a step change, right? So it was all around there. So yeah, call it those kind of 18 months.”