Assertion certainty 4/5 debate potential 2/5

Messer: Collective[i] never raised a $20M Series A

Stephen Messer · He Sold his First Company for $425m, Here's What He Did Next · Jan 12, 2023 · at 14:07

Stephen Messer, co-founder of Collective[i], clarifies company funding history after Nathan Latka asks about public Crunchbase records.

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“There is no twenty million dollars series A. It's actually much more money than that into this company.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

More from Stephen Messer

Assertion Not checkable as stated
Messer: 5% of global B2B economy passes through Collective[i] daily
“We usually just disclosed about five percent of the globe's B to B economy is passing through us every day.”
Stephen Messer Jan 12, 2023 ▶ 9:33 He Sold his First Company for $425m, Here's What He Did Next
Insight
Messer: Launching an AI company requires north of $100 million
“AI companies, you're usually talking about, you know, usually north of a hundred million dollars to get these companies off the ground.”
Stephen Messer Jan 12, 2023 ▶ 14:12 He Sold his First Company for $425m, Here's What He Did Next
Insight
Messer: Collective[i] scales as a data network, not SaaS
“We are not a SAS business. We're a data network business. We scale in a vastly different way.”
Stephen Messer Jan 12, 2023 ▶ 19:40 He Sold his First Company for $425m, Here's What He Did Next
Assertion Contradicted
Messer: LinkShare held 96% of global affiliate market at acquisition
“We were the first affiliate marketer. We became the global player. I think when we finally sold the business to Rakuten, it was Probably. 96% of the affiliate market globally and still is today.”
Stephen Messer Jan 12, 2023 ▶ 2:39 He Sold his First Company for $425m, Here's What He Did Next
Assertion Partly supported
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“So when we came there, it was the first American acquisition they had made. And I think to this day, it's probably still the greatest revenue producer outside of Japan that Rocky has ever had.”
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Disclosure
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Stephen Messer Jan 12, 2023 ▶ 13:17 He Sold his First Company for $425m, Here's What He Did Next
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