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 1,266 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 17 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
Middleton: Latin American venture exits lose 20% to 30% to tax friction
“One of the challenges is this like tax and excite, like everything you do there is then effectively costs you 20 or 30% more when you get your money out. So whatever your like goal is, like a billion dollar company is really a seven hundred million dollar comp…”
Puga: Cold calling night security guards generated $10k/month deals at Lemontech
“I found out that if you call companies, that call is redirect to a security guard. When I call during nights, I can talk to the security guard and ask for the number of the decision maker that I was looking for. So I always stay from seven to 10, ten-thirty in…”
Lagunas: Only about 55% of hotel rooms get inspected in hospitality industry
“Little kind of, you know, no pun intended, dirty fact about the industry is that only about 55% of rooms get inspected in the hotel industry.”
CavSports' 3D-printed helmet gives a two-minute edge in 60km races
“It will give a cyclist a two-minute, effectively, head start on a sixty-kilometer race. It has the highest safety ratings possible, independently verified and tested.”
Trofimova: 80% of consumers start grocery shopping on social media
“80% of modern consumers start their grocery shopping journey by opening social media to look for inspiration of what to cook for dinner from their favorite food creators.”
Trofimova: Nearly one-third of all Instagram content is food and recipes
“In fact, almost a third of all Instagram content is food and recipe content.”
Trofimova: Sundae makes $10 to $20 per shopped grocery basket
“For every basket that gets shopped, we make between 10 to 20 dollars.”
Trofimova: Nestlé spends over $1B annually on US digital marketing
“If you take just one brand, let's say Nestle, they're spending over just in the US and just on digital marketing over a billion dollars every year.”
Trofimova: Sundae pilot increased a Swedish brand's conversion rates 22x
“We did a pilot with a Swedish brand. They were paying us 4000 dollars a month. And in the end of the pilot, we increased their conversion rates by 22 times, so they were happy to pay us double.”
Trofimova: US online grocery grew from 2-3% in 2019 to nearly 20%
“So I can tell you that in 2019, just in the US, online grocery shopping was two or three percent of the total market. Now it's almost 20%.”
Trofimova: Sundae is integrated and collecting commissions from a national retailer
“We're integrated, and we are receiving the commission from them. So it's not an if, it's not a when, it's happening.”
Josh Muccio: Baukunst only writes lead checks in the millions
“Baukunst doesn't really do small checks. They're either leading your entire round and investing millions, or they're out.”
Advisors say enterprise health organizations evaluate strategic partnerships at 10,000 users
“We have advisors at Amazon One Medical and also Care First Blue Cross Blue Shield and feedback that they've given us is when we get into the 10,000 user range, that's when they start paying attention and looking at strategic partnerships.”
Julian Alvarez: Jungle has 180K MAUs and 4 months of profitability
“So we're at a 180,000 monthly active users. We are approaching a million dollars in ARR, and we've been net profitable for the last four months.”
Elias: Energy demand is far outpacing improvements in battery capacity
“Energy demand because of the bets we're all making is far outpacing increases in battery capacity.”
Material's manufacturing platform creates conformal batteries of any size and shape
“Our manufacturing platform creates conformal batteries, any size, any shape, Offering tremendous gains in efficiency and energy density.”
Elias: Material's battery manufacturing platform is chemistry agnostic
“So we're chemistry agnostic, which is great.”
Elias: Customizing battery nanomaterials incurs negligible cost for Material
“But these are all customizable, and they really don't cost us as a company much of anything to make that change for each customer.”
Material currently produces batteries at $390 per kWh with 20% margins
“We're still able to achieve a 20% margin on batteries at an all-in production cost of 390 dollars per kilowatt hour.”
Castellanos: About 80% of Science On Call revenue is automatable support
“But I think right now about 80% of our revenue is something that can either be automated or conversational troubleshooting.”
Rosenband: Science On Call's team supports 4x more restaurants via AI
“So the 11 human beings that we had a year ago who are full time team members, like they can support four times the number of restaurants.”
Muccio: Mark Phillips passes on Science on Call after diligence
“So their team dug into the data room, and one week later, Mark told Louisa he would not be investing either, for a concrete reason.”
Aura Exceeded Fortune 100 Client's Annual Partner Enrollment Goal in One Day
“Our Fortune 100 partner has already told us we exceeded their prior partners enrollment annual goal in one day”
Aura Finance Reached $830,000 in Annual Contracted Revenue
“The revenue we currently have is 830,000 dollars in contracted revenue of which we've already realized over a 100,000 dollars of it this year.”
Metzer: Studies show up to 79% of runners get injured annually
“Studies show that up to 79% of runners are injured every single year.”
Metzer: Measuring Step Impact Previously Required Expensive Lab Equipment
“Until now, there was not a good way for runners to measure that on every step. You'd have to go into a lab and run on a very expensive piece of equipment, and that was the only option”
Kwok: Developed hockey helmet 10x better at concussion reduction, adopted by Sharks
“So I do what engineers do and developed a hockey helmet that was about 10 X better statistically at reducing concussion risk. San Jose Sharks adopted it. A number of hockey teams started adopting it.”
Kwok: KAV uses sub-$1,000 3D printers deployable within 24 hours
“Now we have a model where printers are under a thousand dollars. We can procure them in two days. We can set them up in a day.”
Kwok: Legacy helmet brands take 3–4 years to develop what KAV builds in four weeks
“The helmet I just showed you, that's four weeks into development. A helmet like that typically would take three or four years for the big brands to launch.”
Wong: Converting an intern to full-time costs employers $50,000
“Each intern costs about 25,000 dollars to source, to train, and to compensate. And only about 50% of them convert to full time. So that means the real cost of converting an intern to a full time employee is 50,000 dollars.”
The Trump administration carved out Work-Study from Department of Education cuts
“But they actually carved out work study and financial aid and FAFSA.”
Burton: Recovered Stolen Bikes Lack Owner Identification
“Because a large majority of stolen bikes are recovered. They just have no way to associate them with an owner.”
Burton: Lockstop has gotten a yes from every door pitched
“We've not gone into one door that we haven't walked out with a yes.”
Robbins: Handle's USC store generates $10,000 per month in profit
“Our stores, we've actually brought our first two locations to cashflow positivity. So our flagship market USC is producing 10,000 dollars per month in profit.”
Robbins: Handle sees direct correlation between hiring couriers and customer signups
“Our delivery couriers, we intentionally overstaff because they turn into brand ambassadors, and then they go in and bring their own community inside the school onto the platform. And we've seen the data and the direct correlation between hiring new employees a…”
Robbins: DoorDash couriers cannot access USC campus after 10 p.m.
“So if I'm a USC student, after 10 p.m., I actually can't get a DoorDash delivery, even to the building I'm in, much less my door. Because we're using students, they have student IDs, they can get in at any time, and we're able to deliver the best customer expe…”
Robbins: Opening a Handle store costs $60K upfront and $60K in burn to break even
“To give you an idea of opening a location, it's roughly 60 K in upfront investment to get the licenses, build out the store, purchase the inventory, and then it's roughly 60 K burn over the first kind of six to seven months to bring that store to break even.”
Robbins: Handle's delivery insurance costs spiked tenfold after regulatory changes
“Essentially, right after we recorded, literally in the days following, there's a big regulatory change that happens in our industry, and overnight, our insurance costs 10 X's.”
Robbins: Handle received an acqui-hire offer during insurance disruption
“This looked really scary the first two weeks, and in the middle of all of this tumultuous period, we get an acquisition offer as well.”
Competitor Nate Raised Over $50M Before Shutting Down in January
“They raised over fifty million dollars and closed their doors January of this year and laid off their entire team.”
Bsharah Praises Locker for Retaining 25% of Chrome Extension Users Monthly
“The top part of the funnel was good. Like, I mean, for a Chrome extension, you've got 25% of people who've ever downloaded, like, they're actively every month. That feels pretty strong, but everything below that was missing, right?”
Locker Founder: 85% of US Consumer Spending Is Driven by Women
“85% of consumption in America is, like, driven by females, so it's the woman buying for the house, it's the woman shopping for her partner, and so it's definitely not speaking to the pain points, per se, of those investors”
96% of Americans are confused about recycling rules
“96% of Americans are also confused on how to recycle.”
Universities pay up to $150K annually in recycling contamination fees
“Universities actually pay contamination fees on the recycling bills. And so these are fees that they have to pay on top of what they already pay in recycling. So this can be anywhere between 75 to 150,000 dollars a year just on contamination.”
ECGO acquires campus users for $1.50 using cookies at tabling events
“Our user acquisition cost is only a dollar 50 because like, we just put like, we have cookies and whatever to get students to download the application.”
Luke Barkley Young: Only 6% of recyclables in US bins are recycled
“And many people know that recyclables in America, of everything we put into our recycling bins, only around six percent of them are actually recycled.”