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 5 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
Crennan: Many Solid Software Businesses Fail Under VC Growth Expectations
“We talk to these founders who have built this business that is in all senses, a great business. But when you overlay the venture capital trajectory that needs to happen for businesses to be doing actually great by the label of great in the modern world, then t…”
Crennan: Xenon buys blemished software companies that other acquirers avoid
“Will, we often deal with these companies that, that have this, these marks on their name that I think a lot of others would look at and just say, you know, this, these are smells that we don't want to be involved with. We're very much not like that, and I gues…”
Xenon's first transaction acquired a side project from Intercom's founder
“So the first transaction that we actually did was working with the founder of intercom to remove his main distraction.”
Crennan: Xenon acquired Scripted without recurring revenue to convert it to SaaS
“There are instances where we've actually done transactions a little bit outside these criteria. So one example would be scripted where it didn't actually have a recurring revenue subscription business, but we immediately saw that the one could be implemented. …”