why aren't all 10 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
Insight
Pujji: Wait three days before following up on large sales deals
“When you're doing really big deals, you don't want to pretend like a person is into it when they're not into it. You really want to make sure they want it. And so they had a little rule where they were like, wait three days for your follow-up.”
Assertion Not checkable as stated
Pujji: Red Ventures has never raised primary equity capital
“They raised money from Silver Lake, but again, just in terms of secondary, like they've never, as far as I know, they've never raised equity capital onto their balance sheet.”
Opinion
Pujji: Skipping an investment banker for Red Ventures talks was a mistake
“When we ran the Red Ventures process, we didn't use a banker. And I actually think it was a mistake.”
Assertion Supported
Pujji: Red Ventures is a totally bootstrapped business
“And totally bootstrapped too, by the way.”
Disclosure
Ampush sold minority stake to Red Ventures with nine-figure buyout option
“We ended up selling a minority stake to this really cool company called red venture. Add punctuation. And we actually gave them an option to buy the rest of the business for, you guessed it, nine figures.”
Insight
Amoruso: Red Ventures' website playbook can be replicated with newsletters
“What Red Ventures did with websites someone can do with newsletters is just something really neat.”
Assertion Not checkable as stated
Pujji: Red Ventures generated $100M profit driving 20% of DirecTV volume
“And they literally became, like, 20% of DirecTV's volume, and built a, like, hundred million dollar profit business, just on selling DirecTV on the internet.”
Disclosure
Pujji: Ampush shifted from sharing revenue to EBITDA after Red Ventures deal
“In Ampush, we were focused on revenue growth for the first five years, and man, everyone knew our revenue every day. I knew it. It was in channels. It was talked about, and then when Red Ventures invested, they were like, guys, screw revenue. We don't care abo…”
Assertion Supported
Lieberman: Red Ventures is roughly valued at $12 billion
“Red Ventures is like the biggest company you've never heard of. I think last I saw, you know, rough valuation on the business is like twelve billion dollars. It's a massive company.”
Assertion Not publicly verifiable
Pujji: General Atlantic bought $150M secondary stake in Red Ventures
“So they bought a hundred and fifty million dollar stake, all kind of secondary.”