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 10 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
Payroll companies will bring earned wage access in-house within 5-7 years
“And what you're saying is probably going to be the re reality in, in five, seven years.”
ZayZoon was the first to offer wage access via payroll integration
“Zayzun was first to do this with an actual payroll company using that payroll integration as a way to extend those funds.”
Payday lenders lose 15% of all lent capital to defaults
“Payday loans are really expensive because of three reasons. One brick and mortar. So, so just being storefront. To old school administrative practices, they have just like terrible ways of collecting data, terrible ways of processing that data. And then third,…”
ZayZoon's revenue plummeted 70% overnight during the 2020 COVID lockdowns
“COVID hits our re our revenues plummet at 70% overnight because everyone's, like, shelter in place. Like, no one's working. If people aren't working, we have no one to advance pay early to. And so, twenty-twenty was a crazy year where we basically had, like, a…”
Go-to-market success comes from stacking marginal 1% to 2% tactic gains
“I think like the unlock that people look for is like, what's the one thing that's going to give me like this crazy amount of conversion or this crazy amount of, you know inbound interest. When in reality for us, it was like, we just needed to be really, we nee…”
Hackert issued $250K in uncollateralized peer-to-peer loans by age 23
“Half the time or more than half the time, I didn't even take collateral. And so a lot of it was just like pure trust. And I did over a quarter million dollars of these loans for an age of Call it 16, 17 to about 23.”
Hackert confirms ZayZoon's annual revenue is closer to $100M than $10M
“We can say that. Yes, we can say that. I don't want to get too specific on, on numbers.”
ZayZoon raised its first $18M from Calgary angels, avoiding early VC
“Our first eighteen million dollars of capital was 99% Calgary based high net worth angel investors and family office. So we didn't actually take VC capital until our series series A. And then, or series, series B. Sorry, we didn't take, take venture capital in…”