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
Guayakí reached $100 million in revenue without Costco, Walmart, or Amazon
“We got to a hundred million without Costco, Walmart, Amazon, any of those big retailers that are usually a big part of it.”
Costco CEO Jim Sinegal Initially Refused to Sell Trampolines Over Safety
“The CEO of Costco was a man named Jim Senegal, and Jim said, I will not sell trampolines.”
Wang: Costco had no market share for TVs around 2004-2005
“Around, I think, 2004, 2005, I used to sell computer monitor at Costco, so I know the people a little bit. I had a connection there, so at the time, Costco had no market share for TVs.”
Wang: Costco's break-even margin was around 9.5% during Vizio's launch
“At that time their break even is around nine and a half percent. And they don't want to make money on merchandising anyway. They just want to make money on membership fee, right?”
Costco pays suppliers within 15 days, easing cash flow for growth
“But unlike retail stores or food service accounts, they pay you within 15 days. So you have not paid your vendors yet, and you get the money from Costco. So they're an excellent, excellent company to deal with, especially in your growth period.”
Velez: Costco accepted Back to the Roots after seven years of rejections
“Guy, we presented to Costco's lawn and garden department seven years in a row and got turned down every single year. They've just announced they're launching us this coming spring spring, 20, 22, seven years later, same exact merchant as well.”