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 12 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
Ramp and Sword Health drive virtually all of Asparouhov's venture capital returns
“Basically, you know, ramp plus sword drive everything and, you know, the rest of everything that I've worked on is effectively a rounding error in comparison.”
McCormick: AI could create a winner-take-all dynamic in corporate cards like Ramp
“AI is the reason that a company that might not have been winner-take-all before would be winner-take-all now. Like, I think RAMP is a really interesting example of, like, There might be a winner take all dynamic in corporate cards at some point. If like that s…”
Franceschi: Brex and Ramp hold just ~3% of US corporate card market
“Braxton Ram combined probably have three percent of the U S markets.”
Abouzeid: Growth team members should each own exactly one isolated metric
“If you make one person responsible for one number and that one number is in a vacuum by itself, not touching anything else, It's very clear if they're doing their job or not. It's very clear if the things that you're doing are working or not.”
Abouzeid: Ramp is a generational company, Rivet unlikely to match its success
“I hope I hope we are as successful as ramp one day. I don't think we will be, I think it's a generational company.”
Abouzeid: Top growth hires can clearly explain why their metric moved
“The thing that we screened for was, have you owned a number before, and can you verbalize what you did in order to make the number go up? And the best growth people we worked with all could verbalize exactly why the number went up. And they can walk you throug…”
Abouzeid: Do not hire growth talent without defining target metrics first
“It is not a good idea to hire a growth person if you don't know what number they're going to move.”
Asparouhov: Founders Fund Wrote $100M+ Follow-On Checks into Ramp
“With ramp, we've doubled down with a hundred and plus million dollar checks.”
McCormick: Ramp filmed its Saquon Barkley Super Bowl ad in four days
“We got word that we got a super bowl slot and we've been like spending the whole past day trying to coordinate with Saquon and his people to get this thing done. And they filmed it in like You know, they did the whole thing in, like, three or four days.”
Five of Ramp's first 50 employees came from the Contrary network
“I think five of the first 50 employees at ramp came from contrary, a lot of the people at retool, a lot of the people and roll.”
Abouzeid: Ramp growth team targeted 2x their quarterly goal in expected value
“When you sum up all those expected weights, you end up with the value of all the experiments you're going to ship for the quarter. And it's very difficult to ship all of those and then miss your number, right? If you ship all of them and the sum of those weigh…”
Abouzeid: Single homepage button test drove over half of Ramp's quarterly goal
“Monday rolls around opening up our testing suite. Huh? There's a winning variant on the homepage by like a pretty big percentage. That's really interesting. It was big enough that it, you know, helped us hit our goals by like over half in like that one little …”