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 15 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 1 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
Lemkin: PagerDuty added only one net new customer over the past year
“PagerDuty is coming up on five hundred million in revenue a lot, but growth has slowed to 10%. But the toughest number, and there's more companies like this out there today than is discussed, zero percent net new customer growth. This last quarter, they announ…”
Tejada: Public companies must beat and raise guidance, not just meet it
“It's not enough to meet your guidance. You have to beat your guidance and you have to raise and you have to have Not only great instrumentation on your pipeline and confidence in your leadership, but you also have to have really strong fidelity in how you thin…”
Tejada: PagerDuty leadership is gender balanced and 65% immigrant
“Our leadership team is gender balanced. That was not easy to do. 65% of our leadership team is born outside the U.S.”
Lemkin: PagerDuty trades at 2x revenue with flat customer count for four years
“Pager duty missed its last quarter. Pager duty is doing just across five hundred million in ARR. It's worth one billion dollars, two times revenue. Now there's a bunch of things that happened there, but they, their customer count is flat, 15,000 something cust…”
Tejada: PagerDuty raised an unneeded Series D to test investor narrative
“And so we did not need the cash, but we raised a Series D about, you know, six, eight months before we went public in order to test our story and our narrative and our performance out in front of a number of what we now call crossover investors.”
Tejada: Scaling requires actively evolving culture rather than protecting early-stage habits
“And it's actually not about protecting the culture. It's about developing the culture, building the culture that you need for the future on the strong foundation that you had as a startup, as a smaller company.”
Tejada: Traditional Enterprise Sales Failed For PagerDuty's Developer-First Audience
“If we tried to bring in kind of the Oracle, Splunk, elephant hunting motion, it didn't work for the way our users who tended to be developers wanted to engage with our product, and so we really had to build our own model, and it was a lot of experiments.”
Tejada: The incident commander is the CEO's boss during PagerDuty outages
“When something's going down at work, and you have an incident, you know, and something's not working, learn the incident commander during that incident is my boss.”
Lemkin: Profitable PagerDuty Trades at Just 2x Revenue on $500M ARR
“I wrote up pager duty this week growing four percent and now profitable trading at two times revenue, five hundred million in it. Worth a billion.”
Tejada: Going public established PagerDuty's enterprise credibility with CIOs
“So a big part of why we went public in 2019 was really to demonstrate to the market that we were a viable long-term platform that could support large, largest enterprises in the world, the greatest,
Brands around the globe in their digital transformation, and …”
Tejada: PagerDuty serves over 65 Fortune 100 and 45% of Fortune 500
“PagerDuty now serves more than 65 of the Fortune 100, and more than 45% of the Fortune 500.”
Tejada: A non-profit uses PagerDuty to coordinate urgent corneal transplants
“We have a nonprofit that leverages PagerDuty to manage corneal transplants, and, you know, really, like, talk about a time-sensitive, mission-critical workflow. A cornea becomes available by a donor, and you have, you know, less than a few days that that corne…”
Tejada: Daily stock swings do not reflect employee intelligence or business quality
“Do not watch that stock price every day, because on a day when your stock's up 10%, that doesn't mean you were 10% smarter or 10% better, and the day your stock's down 10%, it doesn't mean you were 10% more stupid than the day before, and you shouldn't be writ…”