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 4 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

Assertion Supported
Sacheti: Titan's 2018 99-crore primary round carried a punitive valuation
“Over a period of time, Titan then did a secondary in sorry, another primary in 2018. They put 99 crores in the company, and we were really shafted on that valuation. And that cost me a lot at that point.”
Mithun Sacheti Feb 27, 2023 ▶ 26:55 Building CaratLane to a 17000 Crore company and selling it to TATA with Founder Mithun Sacheti
Assertion Supported
Sacheti: CaratLane was valued at 570 crore INR in 2016 Titan buyout
“570 crores to be precise.”
Mithun Sacheti Feb 27, 2023 ▶ 23:48 Building CaratLane to a 17000 Crore company and selling it to TATA with Founder Mithun Sacheti
Assertion Supported
Sacheti: Titan's initial CaratLane entry was 100% secondary without primary capital
“And Titan only did a secondary, no primary. Yeah. They didn't put any money in the business.”
Mithun Sacheti Feb 27, 2023 ▶ 24:05 Building CaratLane to a 17000 Crore company and selling it to TATA with Founder Mithun Sacheti
Assertion Supported
Sacheti: CaratLane raised $6M from Tiger Global skipping early rounds
“Six million. We didn't raise Seed or Angel or Series A. We just didn't do much of that stuff because of this Titan cash flow that we were doing.”
Mithun Sacheti Feb 27, 2023 ▶ 17:59 Building CaratLane to a 17000 Crore company and selling it to TATA with Founder Mithun Sacheti
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