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 11 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 1 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
Lonsdale: AI startup with Blend's numbers would command $3B to $4B
“I mean, start a startup with your numbers, by the way, if you like look at the AI startup with your numbers would be valued at like three or four billion.”
Ghamsari: Hiring corporate 'AI czars' is a joke
“And, you know, but I don't think, I think companies that hire AI czars, like kind of a joke, to be honest. Either it's run like that top down or it's not.”
Top Blend engineers submit 80 to 120 pull requests monthly using AI
“The best people are doing 80 to a 120 pull requests a month. And there's still a lot of people who are learning how to use these AI tools.”
Ghamsari: Blend generated $10M pipeline for Autopilot in one month
“From just the early pipe, we have about ten million of early pipeline for Autopilot. We only priced it this past month in April and started our sales keep actually talking to customers who have turned it on. We already have double digit 1,000,010 plus million …”
Lonsdale: Blend trades under 3x revenue despite major AI deployment
“Your market cap is in the range of three hundred fifty million. And so you're literally trading at less than three times last year's revenue. Despite having probably as much AI deployed as anyone in this sector and hopefully gonna accelerate profitably.”
Hodges: Vietnam engineers rival the best talent at Palantir and Blend
“Oh, the talent is, I mean, that was sort of the, we've got, I mean, on par with, you know, the best engineers that I worked with at Palantir and at Blend, and what's cool about Anduin was they were a pioneer, like, Who would have thought that there would be th…”
First Blend Autopilot customer cut mortgage closing from 29 to 21 days
“One of the first customers that roll out autopilot, we did an analysis with them of how it impacted their operations. They took their mortgage closing process, which includes a lot of things in blend and some things out of blend, like the appraisal took it dow…”
Ghamsari: Blend processes roughly 20% of all US mortgages
“There's about four to five million mortgages happening this year, and Blend is about 20% of those. Maybe just under 20% of those.”
Ghamsari: Blend overexpanded by concurrently pursuing title, insurance, and verification
“I got us into too many pies at once. Instead of saying, this is our bet. This is what we're going to go all in on. And we were, we had bought, we had acquired a title company. We had started a home insurance agency. We had been doing, we'd expanded too many pr…”
Ghamsari: Blend generated roughly $120M last year with 10% projected growth
“Yeah, we did in the, you know, in the, you know, like the high one tens, one twenties range last year, and we'll be, you know, growing roughly, call it, we, there's nothing public that we've shared here, but the analysts have us growing at roughly 10 ish perce…”