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 2 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
Frank: Apple launched iOS 14 privacy changes because Facebook refused revenue-sharing
“And that was the whole iOS, 14 breakdown, right? Is that Apple wanted to, they wanted revenue from Facebook in exchange for that data. And Facebook said, no, so they shut it down.”
Frank: Sub-$10M e-commerce brand shutdowns have surged since Trump's election
“What we're seeing right now is a wave of shutdowns in smaller sub ten million dollar brands, right? Like that's always been a trend, but it's really ramped up the past like three to probably the past three months since Trump got elected because they just can't…”
Sean Frank: Solo Brands will sell Chubbies and be taken private
“So, you know, they will sell chubbies that like when you break out the finances like that, that's They're looking for someone to buy that asset to pay down some of this debt, and then they're just to take private. It is just some, somebody will swoop in.”
Frank: Apple will make $40B from ad data exchange in two years
“They will get probably forty billion dollars in the next two years from just ad data exchange. I think that's tracking.”
Frank: Klarna or Affirm paid Ridge $50,000 for checkout integration
“All of those providers would pay you money to actually add it to the website. So I think it was either Klarna or a firm gave us 50,000 dollars to have it as an option on that.”
Sean Frank: Solo Stove is shrinking 25% year-over-year and losing ~$50M
“And then you have solo, which is a shrinking business, shrinking 25% year over year losing, you know, fifty million dollars or whatever.”
Sean Frank: Ridge has spent over $250M on Meta advertising
“I think I'm at, you know, over a quarter billion dollars in meta spend.”
Frank: Ridge US factory produces 20k units monthly against 50k sales
“Ridge has been working on our U S factory and our capacity for like two and a half years. And I can currently make 20,000 units a month. Okay. I sell. 50,000 units a month.”
Frank: Ridge is freezing hiring and distributions due to tariff uncertainty
“What that leads to is just me hoarding capital right now. Like I'm not going to do distributions. I'm not going to hire anybody.”
Sean Frank: Chubbies does roughly $100M in sales and is EBITDA-positive
“What you have is chubby does roughly a hundred million dollars in sales and is even a positive.”
Frank: Ridge Wallet is spending more on Meta now than in December
“Like last year meta did not work and we are giving so much of our money to the big blue beast. And we're spending more today than we spent in December, right?”