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 9 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 3 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
Jacobs: QXO will reach $50 billion by capturing 6% of distribution market
“I want to build a company that's called fifty billion dollars. I can do that. If there's an eight hundred billion dollar size, I can take six percent of that through acquisition and through organic growth. I can get to fifty billion dollars.”
Jacobs: 99% of building products distribution companies are 20 years behind in tech
“I found a company, an industry that's got 20,000 companies, and there's about six or seven that are doing really cool things in technology. And that's pretty much it. And I hate to say that so negatively, but I think that's an objective assessment of it. I thi…”
Jacobs: Only six or seven building products distribution firms innovate in tech
“I found a company, an industry that's got 20,000 companies, and there's about six or seven that are doing really cool things in technology, and that's pretty much it.”
Jacobs: QXO will reach $50B by taking 6% market share
“There are this eight hundred billion dollars of distributors in Western Europe and in North America, which is where I want to plant my flag. I want to build a company that's called fifty billion dollars. I can do that. If there's an eight hundred billion dolla…”
Jacobs: QXO can reach $50B in revenue through acquisitions and organic growth
“There are, there's eight hundred billion dollars of distributors in Western Europe and in North America, which is where I want to plant my flag. I want to build a company that's called fifty billion dollars. I can do that. If there's an eight hundred billion d…”
Jacobs: QXO targets one to two turns of EBITDA in debt
“In my new company that I'm forming, QXO, we're going to have, I think our target, a healthy target should be one to two turns of debt.”
Jacobs targets one to two turns of debt for QXO
“In my new company that I'm forming, QXO, we're going to have, I think our target, a healthy target should be one to two turns of debt.”
Jacobs is investing $900M of his own money into QXO
“Last week we had a call with my 75 co-investors in my new company, QXO. So my wife and I are putting in nine hundred million dollars and then Sequoia And a few dozen friends and family, like really friends and family, like my sister and my brother and my niece…”
Jacobs is investing $900M of his personal capital into QXO
“Last week we had a call with my 75 co-investors in my new company, QXO. So my wife and I are putting in nine hundred million dollars, and then Sequoia And a few dozen friends and family, like really friends and family, like my sister and my brother and my niec…”