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 13 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
Hays: Top freelance-hiring companies shifted to AI and saw 97% savings
“The companies that used to spend the most on freelancers shifted to AI the fastest, 97% savings for the businesses that spent the most on freelance.”
Hays: Over half of businesses using freelancers in 2022 stopped entirely
“More than half of the businesses using freelancers in twenty-twenty-two have stopped entirely.”
Coogan: Ramp data shows enterprise AI adoption stalled at 45% in November
“Ramps AI index shows AI adoption held flat at 45% of businesses in November, driven by slight declines in Finance and technology sectors.”
Glyman: Ramp raises $500M at $22.5B valuation
“We raised five hundred million dollars at a 22 and a half billion dollar valuation.”
Ramp processes 1% to 2% of all US business card spend
“When I look at where we are, it's, it is incredible to be serving empowering. I, what we believe is one to two percent of all corporate and small business card spend in the U S which is maybe the market that we're largest in.”
Mohnot: Stripe deprecated its corporate card and invested in Ramp
“Stripe had built RAM. Stripe had a corporate card. And it didn't work. Like, they ended up investing in RAM and deprecating that card.”
Glyman: Ramp produced and aired a Super Bowl ad in 11 days
“I think most organizations could not have put out a Superbowl ad from, you know 11 days start to airing.”
Hays: Harris Campaign Spent $1B Across Ramp and Other Payment Systems
“So, they blew through about a billion dollars in a few months almost unprecedented. I think, like, half a million of that went to payroll. But the big issue, they were on RAMP, but they were also using a variety of other, sort of, payment.”
Hays: Robinhood fund includes Databricks, Ramp, Stripe, and Revolut
“They have a new fund that has Databricks, Mercore, Revolut, Airwallex, Boom, Supersonic, Ramp, Aura, and Stripe, which is signed and pending, closed.”
Hays: Robinhood Ventures bought Databricks at $150 and Ramp at $90
“They bought Databricks at a 150 dollars per share. Now trading at 204 ramp at 90, now trading at 98. Airwallex 21 dollars. It's now trading at 18.8.”
Coogan: Ramp significantly accelerated receipt scanning using Google OCR and GPT-4
“Early on, I remember they were they were one of the huge beneficiaries of GPT-IV for the receipt scanning because they could just do exactly what we did with the red book where they would OCR it with Google, take all the text in the picture, and then throw tha…”
Hayes: Ramp CTO Karim Atiyeh runs marketing and intentionally recruits engineers
“So one interesting thing about ramps organization is it's so engineering led that ramp CTO Kareem actually runs marketing and they oftentimes are focused on recruiting engineers to their marketing team because they want to take an engineering led approach.”