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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PRODUCT MARKET FIT Assertion Supported
DoorDash Offered Canadian Restaurants 0% Commission to Undercut SkipTheDishes
“Once they started focusing on Canada, they would go and offer restaurants to have what we were doing for 25% commission. They would just do for free.”
Jeff Adamson Mar 24, 2025 ▶ 8:01 He sold SkipTheDishes for $200M—then grew Neo Financial to a $1B valuation. | Jeff Adamson, Co-Fo... · PMF Show
PRODUCT MARKET FIT Assertion Not checkable as stated
Adamson: Canadians Pay Over Double for Banking Products Compared to Other Nations
“Right now Canadians are paying over double for the same products and services that you can get in other countries.”
Jeff Adamson Mar 24, 2025 ▶ 53:31 He sold SkipTheDishes for $200M—then grew Neo Financial to a $1B valuation. | Jeff Adamson, Co-Fo... · PMF Show
PRODUCT MARKET FIT Assertion Not checkable as stated
SkipTheDishes Maintained 20% Month-Over-Month Growth for Seven Years
“The crazy thing about skip is that when you actually look over the course of the business, like we grew on average over 20% month on month for like. Seven years.”
Jeff Adamson Mar 24, 2025 ▶ 23:54 He sold SkipTheDishes for $200M—then grew Neo Financial to a $1B valuation. | Jeff Adamson, Co-Fo... · PMF Show
PRODUCT MARKET FIT Assertion Contradicted
Just Eat Cycled Through Six CEOs in Two Years After Acquiring SkipTheDishes
“We went through six CEOs of Just Eat in two years, well, after we were there.”
Jeff Adamson Mar 24, 2025 ▶ 32:11 He sold SkipTheDishes for $200M—then grew Neo Financial to a $1B valuation. | Jeff Adamson, Co-Fo... · PMF Show
PRODUCT MARKET FIT Assertion Not checkable as stated
Adamson: Most Restaurant Owners Are Barely Paying Themselves
“Everyone kind of thinks like, Hey, you know, if you own a business, you're probably doing pretty well. And there's so many restaurants. So people think like restaurants are millionaires, but at the end of the day, like most of them are barely paying themselves…”
Jeff Adamson Mar 24, 2025 ▶ 3:01 He sold SkipTheDishes for $200M—then grew Neo Financial to a $1B valuation. | Jeff Adamson, Co-Fo... · PMF Show
PRODUCT MARKET FIT Assertion Partly supported
Jeff Adamson: Toronto was the first market for Uber Eats
“Uber eats first market was Toronto.”
Jeff Adamson Mar 24, 2025 ▶ 6:20 He sold SkipTheDishes for $200M—then grew Neo Financial to a $1B valuation. | Jeff Adamson, Co-Fo... · PMF Show
PRODUCT MARKET FIT Assertion Supported
Adamson: In-house delivery unlocked supply from Earls and Five Guys
“Ended up being one of the most valuable things because it just totally allowed us to, you know, add so much more supply. And now it was like the, for the first time ever, you can get like Earl's delivered or five guys.”
Jeff Adamson Mar 24, 2025 ▶ 28:48 He sold SkipTheDishes for $200M—then grew Neo Financial to a $1B valuation. | Jeff Adamson, Co-Fo... · PMF Show
PRODUCT MARKET FIT Assertion Supported
Just Eat Acquired SkipTheDishes for $110M Upfront and $90M in Earnouts
“It was to just eat actually. And it was, so it was a 110, a hundred and ten million dollars in 2016. And then another ninety million over the course of the next couple of years on earnouts.”
Jeff Adamson Mar 24, 2025 ▶ 31:55 He sold SkipTheDishes for $200M—then grew Neo Financial to a $1B valuation. | Jeff Adamson, Co-Fo... · PMF Show
PRODUCT MARKET FIT Assertion Partly supported
Adamson: Canadian financial services is 7% of GDP, double OECD peers
“And if I look at financial services, I mean, it's the biggest industry in Canada. It's seven percent of GDP. It's, which is actually twice the size of our OECD peers as a percentage of revenue per GDP.”
Jeff Adamson Mar 24, 2025 ▶ 38:51 He sold SkipTheDishes for $200M—then grew Neo Financial to a $1B valuation. | Jeff Adamson, Co-Fo... · PMF Show
PRODUCT MARKET FIT Assertion Supported
Adamson: Neo Financial Has 13,000 to 14,000 Retailer Partners
“And so today we've got about 13, 14,000 retailers that use Neo.”
Jeff Adamson Mar 24, 2025 ▶ 45:19 He sold SkipTheDishes for $200M—then grew Neo Financial to a $1B valuation. | Jeff Adamson, Co-Fo... · PMF Show
PRODUCT MARKET FIT Assertion Partly supported
Jeff Adamson: Canada had no tech-enabled, nationwide food delivery before SkipTheDishes
“Back home in Canada, there really wasn't a service that could do this. Certainly not a nationwide one. And there was kind of like all these mom and pop little delivery companies. It might be five or six in every single different city, but the websites were kin…”
Jeff Adamson Mar 24, 2025 ▶ 5:21 He sold SkipTheDishes for $200M—then grew Neo Financial to a $1B valuation. | Jeff Adamson, Co-Fo... · PMF Show
PRODUCT MARKET FIT Assertion Not checkable as stated
Adamson: SkipTheDishes operated without tablets for its first one to two years
“We actually only had a, like a web UI. So it was basically just a website and the restaurants would have to use, like if they had a computer in the back, we didn't launch tablets until a year, maybe two years in.”
Jeff Adamson Mar 24, 2025 ▶ 21:03 He sold SkipTheDishes for $200M—then grew Neo Financial to a $1B valuation. | Jeff Adamson, Co-Fo... · PMF Show
PRODUCT MARKET FIT Assertion Supported
Adamson: Earls and DoorDash were early Neo Financial network partners
“Earl's was a partner at Skip. They were one of the first merchants to join... Ironically, DoorDash was an early partner as well.”
Jeff Adamson Mar 24, 2025 ▶ 48:35 He sold SkipTheDishes for $200M—then grew Neo Financial to a $1B valuation. | Jeff Adamson, Co-Fo... · PMF Show
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