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.

clear all ✕

why aren't all 12 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

Disclosure
Milk Road Deal Briefly Stalled Over Unexpected Gambling Sponsor Revenue
“One of the times it fell apart was we got into the diligence after we'd already agreed on a number and there was a little more gambling, gambling sponsor revenue there than we thought.”
Mike Wittmeyer Dec 17, 2022 ▶ 12:16 BREAKING: Shaan Sells the Milk Road - A Conversation With the Buyers
Assertion Not checkable as stated
Saville Netted $23 Million From His Early JM Bullion Angel Investment
“You got like twenty three million.”
Mike Wittmeyer Dec 17, 2022 ▶ 53:52 BREAKING: Shaan Sells the Milk Road - A Conversation With the Buyers
Disclosure
Wittmeyer Sold Precious Metals Retailer JM Bullion For $175 Million
“I sold it for one 75.”
Mike Wittmeyer Dec 17, 2022 ▶ 54:14 BREAKING: Shaan Sells the Milk Road - A Conversation With the Buyers
Insight
Wittmeyer: Bootstrapping Makes Massive Multi-Billion-Dollar Outcomes Much Harder to Achieve
“I think one thing you probably lose though, is it's, in my opinion, it's harder to have like the really big outcome. If like the things we're doing or historically have done, it's hard to, It'd be like a ten billion dollar company from that stuff. And I think …”
Mike Wittmeyer Dec 17, 2022 ▶ 1:10:54 BREAKING: Shaan Sells the Milk Road - A Conversation With the Buyers
Disclosure
Wittmeyer: Bitfo would have walked away if final Milk Road offer failed
“At the end, like when we made that final, you know, the last little chunk, we were, that was it for us. We had said, we're walking if this doesn't work.”
Mike Wittmeyer Dec 17, 2022 ▶ 11:58 BREAKING: Shaan Sells the Milk Road - A Conversation With the Buyers
Disclosure
Wittmeyer Sold His Online Poker Affiliate Business For $565,000 At Nineteen
“I sold, I was further into it. I sold for 565,000 and I was, I think, 19 then.”
Mike Wittmeyer Dec 17, 2022 ▶ 42:37 BREAKING: Shaan Sells the Milk Road - A Conversation With the Buyers
Assertion Not checkable as stated
Wittmeyer: JM Bullion Benefited From Confusion With Johnson Matthey
“We knew so little about this space when we started that we named it JM Bullion using our initials and We had no idea that, like, one of the largest refiners of gold and silver in the world is Johnson Matthey, and so we actually got a big boost early on because…”
Mike Wittmeyer Dec 17, 2022 ▶ 47:55 BREAKING: Shaan Sells the Milk Road - A Conversation With the Buyers
Assertion Not checkable as stated
Wittmeyer: Early Ripoff Report review cut JM Bullion sales by roughly 30%
“There's a site called ripoffreport.com, where anyone can go on there and file, like, hey, this company or person screwed me, and he did that, and we were so early that, like, there were no jamboy in reviews anywhere, so when people searched that, that was the …”
Mike Wittmeyer Dec 17, 2022 ▶ 57:17 BREAKING: Shaan Sells the Milk Road - A Conversation With the Buyers
Disclosure
Wittmeyer: I Have Capital Trapped on Genesis
“We have, I have money on Genesis that I don't know what's going to happen to it, but that one was pretty stunning too.”
Mike Wittmeyer Dec 17, 2022 ▶ 1:22:24 BREAKING: Shaan Sells the Milk Road - A Conversation With the Buyers
Assertion Not checkable as stated
Wittmeyer: Milk Road Hits Record Subscriber Growth During Market Crash
“What's been interesting for the milk road and our businesses, you know, this has actually been for growth, a good thing, right? We cover the news and there's certainly been a lot of news. So we're seeing, you know, record subs coming in that the reader scores …”
Mike Wittmeyer Dec 17, 2022 ▶ 1:22:29 BREAKING: Shaan Sells the Milk Road - A Conversation With the Buyers
Assertion Not checkable as stated
Wittmeyer: Mentor invested $1M in JM Bullion despite losing processor
“To his credit, he put a million into JM shortly after Kendall did his first angel investment. Like a week before it was going to close. We had done all the documents. It was ready to go. Our credit card processor throws us out. And that was like half of our re…”
Mike Wittmeyer Dec 17, 2022 ▶ 1:28:42 BREAKING: Shaan Sells the Milk Road - A Conversation With the Buyers
Disclosure
Wittmeyer: Paid $25,000 to acquire unmonetized viral site brosicingbros.com
“Ended up working on a deal to buy it, and I gave him 25,000 dollars for it. There was no monetization at all.”
Mike Wittmeyer Dec 17, 2022 ▶ 44:23 BREAKING: Shaan Sells the Milk Road - A Conversation With the Buyers
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