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 3 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
Lemkin: Vista Equity Partners is writing its $3.5B Pluralsight investment to zero
“Vista, which is one of the two or three biggest folks that buy SaaS companies, Vista, Tomo Bravo, a few others, they bought Pluralsight. They're writing the entire 3.5 billion investment to zero.”
Lemkin: Tech M&A surprisingly contracts during valuation downturns
“So M&A, like, you think M&A should pick up in, when things are calmer, but it does, it doesn't happen that way, right? Now, to some extent, there's a little bit of, like, you know, the Tomo Bravos and the Vistas, they have some insulation from this, but even t…”
Pepper: Marketo sold for $1.8B before Vista flipped it for $4.5B
“And we sold Marketo for 1.8 billion. Phenomenally great outcome. And then Vista sells it two years later for 4.5 billion. And we felt like we left a lot of money on the table. It was actually kind of painful despite being a great outcome.”