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 8 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
Mailchimp Founders Split $11.7B in Intuit Deal While Employees Received $500M
“Ben Chestnut and Dan Curzius each owned 50% of Mailchimp. In 2008, Mark Armstrong, the other co-founder, was bought out of the business. Three hundred million dollars was given to employees as bonuses for the deal, and two hundred million dollars worth of rest…”
Mailchimp grew profits 650% after launching a freemium tier in 2009
“The company increased its profits by 650% in that year. They went from 10,000 users to 85,000 users, and this is what put Mailchimp on the trajectory to become the company that it is today.”
By 2021, Mailchimp had 13 million users and neared $1B revenue
“MailChimp is an absolute monster. It sends a billion emails every weekday. It did eight hundred million dollars in revenue last year and is on track to cross a billion in revenue this year. With thirteen million users, 800,000 of which are paid”
Mailchimp's $12B Intuit sale is the largest private bootstrapped acquisition ever
“MailChimp was acquired, and it was the largest private bootstrap business acquisition ever in history. MailChimp sold for twelve billion dollars to Intuit”
Mailchimp was the first-ever advertiser on the hit podcast Serial
“Well, MailChimp was early on that train, and they were the first advertiser with Serial.”
Mailchimp Paid Hundreds of Millions via 19% Annual 401(k) Profit Sharing
“Mailchimp has participated in this concept of profit sharing for years. So if you go to Mailchimp's website, they talk about this idea of up to 19% of employees' annual salaries Being put into their four Oh one K each year and hundreds of millions of dollars h…”