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 8 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

Disclosure
Patel: Ramp Ventures will always choose buying over building for speed
“We'll always buy versus build because it gives us speed”
Sujan Patel Mar 14, 2022 ▶ 7:04 Startup Acquisition Stories with Sujan Patel - Managing Director at Ramp Ventures
Assertion Not checkable as stated
Patel: Voila Norbert roughly tripled in year one from basic CRO
“I think, and we almost like three X in the first like year. I think it was a little over three X, but like it was basic conversion rate optimization, like simple, like button size, color, like headline copy, redo, you know, simplifying the signup and onboardin…”
Sujan Patel Mar 14, 2022 ▶ 14:10 Startup Acquisition Stories with Sujan Patel - Managing Director at Ramp Ventures
Assertion Not checkable as stated
Patel: Mailshake integration tripled Warm Up Your Email revenue with no marketing
“We literally gave it away for free to Mailshake customers, and, like, did, we updated the product. We did no marketing on the property. We just kept it as is, and we tripled revenue for it, right?”
Sujan Patel Mar 14, 2022 ▶ 7:11 Startup Acquisition Stories with Sujan Patel - Managing Director at Ramp Ventures
Prediction Not checkable as stated
Patel: Startup valuation expectations will normalize and decline in 2022
“I do think the market will normalize this year. It's already had a bit of a correction. And I think when I say normalize, I think it's been pretty stable. Like buyers like myself have kind of had a formula for how much we evaluate a company for a while. But th…”
Sujan Patel Mar 14, 2022 ▶ 18:47 Startup Acquisition Stories with Sujan Patel - Managing Director at Ramp Ventures
Disclosure
Ramp Ventures operates portfolio companies directly without individual CEOs
“A little bit how we're different than some other firms out there is that we don't have a CEO for each company. We actually, my partner and I are kind of a co-CEO or like CEO COO.”
Sujan Patel Mar 14, 2022 ▶ 1:50 Startup Acquisition Stories with Sujan Patel - Managing Director at Ramp Ventures
Disclosure
Patel: Ramp Ventures targets $1M–$5M ARR B2B SaaS, excluding e-commerce
“Ideally, in a perfect world, we're looking at one to two, one to five million dollar AR companies that are in B to B SaaS. Everything else, we'll kind of look at the details unless they sell to e-commerce. So no Shopify and no WordPress for the most part.”
Sujan Patel Mar 14, 2022 ▶ 5:07 Startup Acquisition Stories with Sujan Patel - Managing Director at Ramp Ventures
Assertion Not checkable as stated
Patel: Acquired 13 businesses and sold five or six in eight years
“In the past let's say like eight years, I've acquired 13 businesses. I've sold, I think, five or six.”
Sujan Patel Mar 14, 2022 ▶ 1:21 Startup Acquisition Stories with Sujan Patel - Managing Director at Ramp Ventures
Disclosure
Patel reviews 70 to 80 SaaS acquisition deals monthly
“I look at about, like, 70 to 80 deals a month”
Sujan Patel Mar 14, 2022 ▶ 12:22 Startup Acquisition Stories with Sujan Patel - Managing Director at Ramp Ventures
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