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 16 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
Smith: James Altucher Ghosted Sandbox Commerce After His On-Air Offer
“Yeah, so we, nothing happened. James has not invested yet.”
Smith: Sandbox Commerce Targets a $36 Billion Total Addressable Market
“So the total addressable addressable market, our addressable market is six, is thirty six billion dollars currently right now.”
Altucher Offers to Fill $150k Bridge Round for a Board Seat
“I'd be willing to fill up your round, which I think you said is about, there's about a hundred or a 150 left. So I'd be willing to fill up that round or work with Jillian on filling up that round. And I would require a board seat with some significant voting r…”
Smith: Retailers Harvest Valuable Consumer Data Even From Deleted Apps
“A customer doesn't need to keep the app on their phone. A customer simply needs to log in one time, and you've got that valuable data. They can download the app register one time and delete the app and you've got the data.”
Smith: Sandbox Commerce Is the Only Fully Native Retail App Builder
“We are the only company that builds fully native apps.”
Nadel: Retailers Struggle to Give Consumers Compelling Reasons to Download Apps
“You have to have a compelling reason for every retailer to get their customers to download an app, and I don't think it's easy to do.”
Gulati Passes on Sandbox Commerce Over Market Size Concerns
“I'm going to hold off on committing here because my biggest question is market size.”
Smith: Sandbox Commerce Is Exactly 20 Customers Away From Profitability
“The reason why we're raising two 50 is because we are 20 customers away from being profitable. 20 customers.”
Smith: 20% of Retail App Users Generate 80% of Brand Revenue
“The 20% of folks that download the apps, tip a brand's app is the brand enthusiast. They're already following them on Snapchat, Instagram, and Facebook. And that, that 20% typically generates 80% of the revenue.”
Gulati: B2B Platforms Are Only Defensible Through Data Network Effects
“And that's where I think it becomes really defensible and really valuable is if we can say to the 1000th customer, you benefit from the 999 other customers that already signed on.”
Smith: Structure Capital Evaluates Sandbox Commerce's Bridge or Priced Round
“The discussion we're actively having with a structure is You know, do we come in in this round, potentially, or do we come in in your price round in in the first quarter of 2018? And so that's and it's, so that's a, and they've been incredibly responsive. We'v…”
Smith: Sandbox Commerce Saves Retailers Six Months and $250,000
“Our platform helps those retailers save, you know, six months and nearly 250,000 dollars.”
Smith: Sandbox Commerce Is Raising a $250,000 Bridge Round
“We're raising, so we're raising a bridge round effectively to focus on sales and marketing sales and marketing and at two 50 right now. And we've already got a hundred committed.”