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 54 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 2 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 Not checkable as stated
Blond: Rippling reached hundreds of millions in ARR by late 2022
“The revenue growth, hundreds of millions of dollars of ARR and so much more, but I know that it was a lot of really hard work to get to where we are today and probably a lot of hard work left as well.”
Sam Blond Dec 15, 2022 ▶ 1:41 SaaStr CRO Confidential: Founders Fund Partner Sam Blond + Rippling VP Sales Matt Plank
Assertion Not checkable as stated
Parker Conrad hustled a free Outreach seat for early Rippling
“Parker actually convinced Riley, who was, had moved over from Zenefits to Outreach to give us, like, a free seat in the early days which was a great play because we became a big customer of theirs.”
Matt Plank Dec 15, 2022 ▶ 6:44 SaaStr CRO Confidential: Founders Fund Partner Sam Blond + Rippling VP Sales Matt Plank
Assertion Not checkable as stated
Early Rippling had no paying customers, selling exclusively to YC startups
“And so at that point we were really just selling to YC companies. Like we had come out of the recent winter batch. And so that was really what our top of funnel was selling to other YC companies in the batch. And we were really starting from zero. I mean, we h…”
Matt Plank Dec 15, 2022 ▶ 4:43 SaaStr CRO Confidential: Founders Fund Partner Sam Blond + Rippling VP Sales Matt Plank
Disclosure
Rippling unlocked early outbound by pitching IT automation instead of HR
“And so what, the way that we kind of described what we did to people was we basically wrote an email that was something along the lines of like, look, I'm sure that you have like you know, an automated process for like onboarding employees and managing HR and …”
Matt Plank Dec 15, 2022 ▶ 9:20 SaaStr CRO Confidential: Founders Fund Partner Sam Blond + Rippling VP Sales Matt Plank
Assertion Supported
Blond: Rippling was valued at over $11 billion in May 2022
“It's a company that is now valued at something like over eleven billion dollars. That was a valuation as of, like, May of this year, so this is like a fairly current valuation after a lot of the correction.”
Sam Blond Dec 15, 2022 ▶ 1:14 SaaStr CRO Confidential: Founders Fund Partner Sam Blond + Rippling VP Sales Matt Plank
Assertion Open · timeframe Dec 2022
Plank: Gusto generated huge early revenue through accounting channel partnerships
“We never had accountant partnerships when all of our competitors like Gusto, you know, had an enormous amount of their revenue in the early days came from the accounting channel.”
Matt Plank Dec 15, 2022 ▶ 13:21 SaaStr CRO Confidential: Founders Fund Partner Sam Blond + Rippling VP Sales Matt Plank
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