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
Assertion Supported
Conrad: Deel and Remote rely on third-party payroll systems country by country
“Companies like Deal and like Remote actually have not built underlying global payroll or payroll really of any kind. And so those companies are sort of secretly running on Other payroll systems country by country.”
Assertion Supported
Lemkin: Rippling CEO Parker Conrad Actively Recruits Failed Founders for Leadership
“Parker Conrad loves to hire failed founders to run his divisions. Like his little five products, he gets a failed or a modestly successful founder because they have a reason, right?”
Assertion Partly supported
Sam Blond: Rippling pays promoters $25 to post onboarding on LinkedIn
“Rippling does this really creative strategy where when you are onboarded by one of their customers, so part of their product is onboarding, and when a new hire goes through this onboarding process, Rippling sends them an NPS survey. Anybody that marks that sur…”
Assertion Supported
Lemkin: Half of EchoSign's 20 sales reps became tech CROs
“We only had 20 something sellers and 10 of them went on to be top CROs, right? CROs at Brex, CRO at Ripley now, Gong, also CRO at Gong. Seismic, a long list of others, half of them went on to be leading”
Assertion Supported
Lemkin: Rippling's Original Sales Representative Became Its Chief Revenue Officer
“The first guy at rippling is the CRO today. And they were great, but they didn't cut. They came in as the first rep and there's many reasons, but one reason is if you're closing in 500 deals a year, you get a lot of reps.”
Assertion Supported
Lemkin: EchoSign revenue alumni became CROs of Brex, Rippling, and Gong
“Our revenue team went on to be the CROs of Brex, Rippling, Gong, So many leaders, like others, like 10 of them, and like that we had this monster team and I missed, I didn't, what I didn't know was how good I had it in some areas.”
Assertion Partly supported
Rippling reached a $14B valuation with hundreds of millions in ARR
“Rippling is a 14 plus billion dollar, many thousands of employees, I think 1500 folks in the revenue organization, several hundred million dollars of ARR, and Matt grew that organization and that revenue number from making cold calls in Parker's basement just …”
Assertion Supported
Blond: Rippling currently generates several hundred million in ARR
“Rippling today is several hundred million dollars in AR.”
Assertion Partly supported
Blond: Zenefits AEs became revenue leaders for Rippling, Gong, and TripActions
“Zenefits alone produced as starting as AEs, the head of revenue at Rippling, the head of revenue at Gong, the head of revenue at Modern Health, the former head of revenue at TripActions, like all of these came out of Zenefits alone”
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.”