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 16 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
Summe: Capital in growth equity is commoditized compared to operator expertise
“In the words growth capital, too much emphasis has been put on capital. It's become somewhat of a commodity. Our interest on the other hand was to focus on the word growth. We thought there was a lack of operator expertise and true knowledge around growth”
Summe: Vertical farming startup 80 Acres is profitable at scale
“Take a company like 80 Acres. It's a vertical farm that is doing something that has never been done in the history of mankind. Producing food indoors, at scale, and actually making money.”
Summe: The US Midwest presents an undercapitalized investment arbitrage opportunity
“We think the Midwest is undercapitalized. We believe in that. We think there's an arbitrage opportunity as a lot of US industry sits here with not a lot of the capital.”
Summe: Liquidation preferences have returned to growth-stage deal structures
“We've seen structure return in the marketplace in the form of liquidation preferences.”
Summe: Midwest startup advantage is customer proximity, not cost savings
“And I think it's way beyond cost benefits of not being on the coast. It's really more around being closer to your customer. So much of us industry sits right here in the middle of the country. And when you're a startup moving to growth stage on the coast, some…”
Summe: Five players control 80% of total media spend
“Five players control 80% of media spend. We believe that has to revert back to the mean.”
Summe: Asia is four to five years ahead of US in video commerce
“If you look at Asia as an example, we think they're out four to five years in front of the U S on how to use video from a concept of engaging the consumer.”
Chad Summe: Data Shows Funds I Through III Outperform Later Vintages
“Data would suggest that funds one through three outperform.”
Summe: Three of the top four US logistics assets surround Cincinnati
“So what we like to say is within a hundred miles of Cincinnati region, you have three of the top four physical assets around the country, around the movement of goods.”
Summe: eGateway Capital operates an in-house boutique M&A advisory shop
“One of our partners is a longtime investment banker in this space, and we have a boutique M&A shop that's under the eGateway banner, and if we can help with non-organic growth, we're really excited to do so.”
Summe: Cargomatic Connects Truckers to Nine of Top Ten Retailers
“Or Cargomatic, a digital freight marketplace connecting truckers to credential demand from nine of the top 10 retailers, getting things through ports to the first point of distribution.”
Summe: Walmart drives 30% of P&G's business; P&G drives 1% of Walmart's
“P&G makes up maybe one percent of Walmart's business and Walmart makes up today. I'm using round numbers, maybe 30% of P&G's business.”
Summe: Coupons.com launched early retail media for Albertsons and Dollar General
“Started out digitizing promotions and went into digital media and being pioneers of what today is one of the fastest spaces in all digital media, which is retail media. So we launched some of the first media platforms for big retailers like Albertson Safeway a…”
Summe: Procter & Gamble structures internal communications as one-page memos
“Everything at Proctor is a one pager. I still try to do that to this day, of just being able to concisely share your thoughts and rationale for why you have your beliefs.”