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 12 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
Hershberg: Private equity controls three of Amateur Golf Society's five board seats
“So there's five board seats. There's three for the private equity guys, one for myself and one for the group of fellow Cornellians.”
Hershberg: Golf participation is up nearly 20% from pre-pandemic levels
“So the growth in the game is nearly 20% from what it was prior to the pandemic.”
Hershberg: Amateur Golf Society closes roughly 85% of pitched courses
“Close rate is about 85% of the courses that I talk to.”
Hershberg: 2,500 members in 58 markets would yield $30M annual cash flow
“So if we look at every single AGA in the country, of which there are 58, if each one of those markets has an AGS tour in it with 2500 members. This business is cash flowing thirty million dollars a year.”
Hershberg: US golf participation grew nearly 20% following the pandemic
“Well, I think when you look at the amount of golfers across this country, golf has really experienced, I think, a renaissance as a result of the pandemic, so the growth in the game is nearly 20% from what it was prior to the pandemic”
Hershberg: Amateur Golf Society closes 85% of courses pitched
“Close rate is about 85% of the courses that I talk to.”
Hershberg: AGS will cash flow $30M annually at 2,500 members per market
“So if we look at every single AGA in the country, of which there are 58, if each one of those markets has an AGS tour in it with 2500 members. This business is cash flowing thirty million dollars a year.”
Hershberg: Amateur Golf Society doubled membership and tripled engagement in pilot
“After two years of proof of concept, we saw membership double and we saw engagement nearly triple.”
Hershberg: Amateur Golf Society will generate around $200k in revenue this year
“So total revenue this year is probably going to be somewhere around 200,000 dollars would be my guess.”
Hershberg: Amateur Golf Society doubled membership and tripled engagement before raising $1M
“After two years of proof of concept, we saw membership double, and we saw engagement nearly triple, so I'm here in front of you guys today raising one million dollars to help us take AGS National”