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 9 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
Alvarez: Jungle experiences 12% churn in-semester and 19% in summer
“So the churn on our paid subscription is 12% during a semester, and then around 19% during seasonality moments like summer.”
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.”
Alvarez: Jungle targets reaching $8M ARR within the next year
“In the next year, we want to get to eight million ARR, pretty ambitious, 10 X-ing, basically.”
Alvarez: Jungle spent $105K to make $108K over three months
“In the last three months, we've spent a 105,000 dollars to make a 108,000 dollars.”
Alvarez: Quizlet reached a billion-dollar valuation almost entirely through flashcards
“Quizlet is like over a billion dollars, and they did it almost entirely on just flashcards, which is pretty crazy.”
Alvarez: 40% of Jungle Customers Choose Annual Plans
“30 to 40% of people get the higher seeded plan, and 40% of people get an annual plan, which gives us a lot more revenue upfront.”
Alvarez: Jungle users answer an average of 60 questions per week
“The other core metric we look at is the average number of questions answered per user per week. This number is currently at 60, by the way.”
Alvarez: Jungle grew power users from 11k to 21k month-over-month
“The last metric we look at that really matters to our success is the number of power users we have every month, which we define as someone that answers a hundred questions or more. Currently, in December, that number was 21,000. The month before, it was at 11,…”