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 81 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
Parr Used iPhone Emulators to Scam $5,000 in Free Caviar Meals
“I built a iPhone emulator on our computer where we created this ring where we were constantly referring each other to these like new. So I basically had like 5000 dollars of free caviar.”
Parr: The Hustle Should Have Spent Far More on Facebook Ads
“Looking back, I should've spent way more, but I didn't, because I was being too cheap.”
Parr: Disorganized diligence files make acquirers suspect missing or fraudulent data
“And you don't want to give them anything that's messy. Otherwise you'll look not buttoned up. And if you look not buttoned up, they'll say, what else are you missing? Or like, are you lying about something and you need to present things in a really nice orderl…”
Wilkinson: Tiny's acquisition offer for The Hustle would have been lower than HubSpot's
“I think your deal with HubSpot, though, is better than what we would have paid. Well, and it was like, we got to the numbers, and we would have been cheaper than HubSpot.”
Sam Parr: Non-compete blocks launching business newsletter for another year
“I do have a non-compete, so I can't start like a business news email for another one year, I think.”
Parr: Hustle Con made $50K from 2K newsletter subscribers
“I originally started it as a conference and if I had five if I had 2000 subscribers,
To my conference newsletter, I think I made 50,000 dollars in conference ticket sales.
And then when I had 10,000, I think we did a 150,000 in ticket sales, something like tha…”
Sam Parr says 15 to 20 Hustle alumni founded successful tech companies.
“I mean, if you look at the hustle, I don't know how many people we had when we sold the company, maybe 40. So we probably have hired 60 or 70 people. A lot of them are really successful now. Like we hired them when they were like 23 and a lot of them, maybe li…”
Puri: Sam Parr's mastermind was the blueprint for building Milk Road
“Had I not been in a mastermind with you, I wouldn't have seen how you built the hustle and I wouldn't have known. How to build the milk road, a business I didn't know I was planning to create five years later, but that blueprint was etched in my brain from tho…”
Parr: The Hustle reached tens of millions in revenue before its acquisition
“I've built a success, a successful-ish company before with the hustle. You know, we had tens of millions of revenue and it exited and all that.”
Parr: The Hustle bootstrapped and sold for tens of millions
“Basically I started this company called the hustle. It was like a daily email and we sold it for, we bootstrapped and sold it for tens of millions of dollars.”
Sam Parr: The Hustle sold for tens of millions when I was 30
“So the hustle we sold for, let's say tens of millions of dollars, which is like, I think by most people, if you do, I think I was 3130 when we sold it, which is so like, that's six that I would say it's objectively successful, but compared to others, like it's…”
Trends generates millions in subscription revenue with a five-person team
“Trends right now is making many, many millions of dollars in subscription revenue. And it's pretty simple. And there's like, I think there's only five people who work on it. So it's like a pretty profitable thing.”
Sam Parr: The Hustle generated $30k profit per evening micro-conference
“But anyway, we would do, I think we did 10 or 12 in one year and every single time it was like 20 and 30 grand and the cost was nothing. The cost was renting the venue, which cost like 3000 dollars and we would make like 20 grand.”
Sam Parr bought Zoom stock pre-IPO after seeing its ad conversion rates
“So when we like years ago, or a couple years ago, we had Zoom was one of our advertisers, and this was before they went public. And the ad crushed it. It was so good. And we were like, damn dude, people love this product. They love zoom. And I ended up buying …”
The Hustle reached 200,000 organic subscribers before utilizing paid marketing
“So we got to like 200,000 subscribers just through blogging and then we started doing paid marketing. And I think we paid a dollar 50 when we sold. It might have been like four dollars.”
Parr's Hustle salary scaled from $20K to $300K over five years
“You know, it was like 20, 40, 40, 70. So that's four years in, and then the year we sold, I'd paid myself close to 300,000 dollars.”
Parr's single-year side investments exceeded his cumulative Hustle salaries
“And at this point at age 32, I'll make more this year from a couple like side investments, like a real estate deal that I did. I'll make more this year than collectively all of my salaries combined while working at the hustle.”
Parr: The Hustle reached 2M daily readers and Trends made millions
“This podcast was owned by my company called the hustle. We just sold it for a lot of money to this company called hubspot. And before we sold it, thank you. And before we sold it, we had a daily email that reached around two million people a day. And then we o…”
Parr: Hustle subscribers who opened five early emails retained long-term
“So at the hustle, we found, I don't remember the numbers off the top of my head, but we found like, if you open five out of seven days right off in the first seven, five times the first seven, you're going to be with us and we're going to call you a gold perso…”
Parr: Users Completing Onboarding Flow Are 3-4x More Engaged
“And what we're seeing is that the people who fill that information in, and it's like a relatively long flow, they are Like, three or four times more engaged than other people.”
Parr: The Hustle Paid Bold.org $50K-$100K Monthly for Leads
“And companies like The Hustle, I would pay them money. I think at one point we were paying them Maybe 50 to a hundred grand a month. And that's how many leads that they were getting us.”
Parr: Built portfolio generating $50,000 in monthly passive income by 30
“Basically, I told you the goal when I started the hustle was by around 30. I wanted to make enough money that right up front, like my nut, would very passively spit off 50,000 dollars a month in perpetuity. So 50 K or the equivalent with big, including inflati…”
Parr: The Hustle has nearly 2M subscribers with a 50-60% open rate
“Right now, the hustle, we have close to two million monthly or two million subscribers, of which like, 50, 60% open rate.”
Sam Parr: HubSpot Generates $1B in Annual Revenue With $1B+ Cash
“Our owner, you know, the company, this company now does a billion a year in revenue. There's like a billion plus in cash in the bank account.”
Parr: The Hustle's 2X series generated $200K revenue in year one
“We did in 2018 from that event series, which is just, I think we only had one, we did about 200,000 dollars in revenue and a 110,000 dollars in profit in 12 months from launch to the first year.”
Parr: Sold The Hustle to HubSpot for mid-eight figures
“But I started this thing called the hustle, just sold it for mid eight figures to HubSpot.”
Sam Parr: The Hustle executed its 2015 SeedInvest growth roadmap exactly
“The way our company is shaping now, I made a video in 2015, and I outlined what was gonna happen, and it is 100% happening exactly like that. Where, where's that video? What, how do I find that? It's on YouTube. If you google the hustle seed invest, I explain,…”
Sam Parr holds a $1M line of credit for his media business
“I have a million dollar line of credit with a company that provides line of credit for media companies.”
Parr: The Hustle generated $380,000 in revenue in its first year
“When we started the hustle, I saved up 25,000 dollars to start it. With that 25,000 dollars, I made 60 grand in profit in six weeks, which is pretty good. And the first year in business was roughly 380,000 dollars in revenue.”
Parr: The Hustle did not have an Instagram account for four years
“The hustle didn't, we didn't even have an Instagram handle until like four years in. Like, I like, I was like, no, we're not even gonna do social media. We're doing nothing.”
Solo-blogging for The Hustle early on was Sam Parr's most fun
“Mine was when I first started the hustle and I was the only employee blogging and trying to game Reddit and get all this traffic was the most fun I had because I, it created these dopamine rushes where like it sucked. And then like one of our articles got like…”
Parr: Hosted weekly in-person meetups for two years to drive app downloads
“Well, like for the hustle, we've done meetups forever. And then when I started my roommate business, we had meetups every single week for like two years. And so it was basically anyone who's ever looking for a roommate, you come that day and we'll have a party…”