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 116 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
Geva: Webhose is doing to web data what Amazon did to hosting
“We basically, we see us doing to date web data or data provisioning what Amazon to do, did to server hosting.”
Ghosh: Amazon Go relies on Bluetooth for proximity and Wi-Fi for range
“I hear from guys there that they're using Bluetooth as well as Wi-Fi. Bluetooth for near-field communications or, you know, communications that need much more granularity and Wi-Fi for a little far away communication.”
Ghosh: Amazon Go cashierless model is the way forward for retail
“I think so. I think so. There will obviously be corner cases and usability issues, but I think it definitely is the way forward.”
Andrews: Traditional retailers have sparse customer-product interaction data
“The challenge that other retailers have, even though they feel as though they have a lot of data, the issue is, is that they actually have very sparse data about an individual customer that And individual products and specifically with those customers interact…”
Akar: Influenster holds 21M reviews, second only to Amazon
“The largest product reviews outside of Amazon. So we have around twenty one million product reviews on our site.”
Dangelmaier: Amazon lacks patents on one-click checkout with major credit cards
“Well, how we're different is the Prime and the one click, they have patents on that, but they don't have the patent on how to one click checkout with things like Visa, MasterCard, or using American Express.”
Amazon is a paying SnapApp customer, while HubSpot is not
“You know, so if HubSpot buys a 20,000 dollar license from us, and Amazon, and they're not a customer, Amazon is a customer actually, and Amazon buys a twenty million dollar, our CAC is still the same, right?”
$25 and $50 demo incentive gift cards yield identical results
“We have tested both 25 and 50 dollars. They both work the same.”
Rosenman: Selling on Amazon resembles stock market trading dynamics
“Selling on Amazon is not much different than stock market. So you have a lot of competition, and the competition changes prices, and the competition has certain amount of reviews and the ratings, and they have certain amount of items in stock. Everything impac…”
Rosenman: Approximately 20,000 Large Businesses Sell on Amazon
“So you look at the Amazon, you see probably, I don't know, 20,000 large businesses that, that sell there.”
Coates: Handshake is worth far more than a $120M buyout offer
“I think the business is worth a lot more than that, even today, and the long-term potential is many times that.”
Shoes of Prey aims to become the Amazon of custom-designed goods
“The whole idea is that we want to stretch out into, you know, other areas, into clothing, into homewares, and all that sort of stuff. We want to be the Amazon of design your own.”
Moran: Amazon's 30% fee is cheaper than most customer acquisition costs
“They take about 30%, which sounds ridiculously high on the surface, but at the same time, if you were to pay for customer acquisition somewhere else, you're going to pay an affiliate more than that. You're probably going to pay more than 30 bucks a head for yo…”
Moran: Amazon's algorithm counts any sale over $5 as full price
“It has diminishing returns at about five bucks a unit, which who cares? But if you're able to take more than that per sale, Amazon basically registers that as a full price sale”
Moran: Amazon's product search ranking is determined by total sales volume
“Amazon's algorithm is all based on sales. So whatever you can generate, as far as quantity of sales, that will determine how you rank.”
Selling 1,000 copies in a single day reaches Amazon's top 25
“I would say if you did a thousand copies in a day you know, you would be in the top 25 on Amazon.”
Amazon ranks pre-orders in real time, diluting launch day impact
“Amazon will count them in real time, so it doesn't, if you take them over three to four weeks, that will not impact the sales ranking that much.”
Online car retailers must operate at Amazon-like high volumes to succeed
“Most dealers are small cash rich businesses that are local because of the franchise law. So they sell a 102 102 hundred cars, you know, we're selling more than that, but way more than that in order to be successful, you know, we need to be kind of a high volum…”
Moran: Ranking on Amazon operates like Google SEO in 2009
“So, I mean, the process of Amazon is, is really like Google back in 2009, right? You want to rank for keywords. You want to get good conversion rates so that Amazon sees you as authoritative, and a sale is like a link, and that's how you rank for certain keywo…”
Voelker: Amazon sales comprise 25% of his total business revenue
“I mean, at this point, it's really,
I guess, in its infancy, but I would say probably
Well, I've got other businesses too.
I'd say 25%.”
Voelker says private label Amazon sellers never reveal their products
“We never disclose our Amazon private labelers. I don't know any private label that will.”
Voelker: Selling supplements on Amazon is exceptionally cutthroat
“If you're selling supplements it, it's really it's really competitive and cutthroat.”
Fanus: JobPaths Powers NYC Veteran Hiring, Partners With Uber and Apple
“So some of our biggest clients, we power the city of New York's initiative to help veterans connect with jobs, both on the global process with civilian positions, but also within the city for some civil service positions within the city. So really working with…”
Reddy's previous startup MyWash processed one million garments daily before acquisition
“We've raised about a million and a half even at that point of time. And we were one of the largest or the largest laundry business in India. At that point of time, we were crossing close to a million garments a day. And we got acquired by an Amazon funded star…”
Alternative cloud providers readily grant free startup credits upon request
“Contact some of these phoenix naps of the world that are not Google Cloud or Amazon and say, hey, I want to build something. Can I get a startup credit? And they'll give it to you. Cloudflare. All of them.”
Sakil: NFL runs thousands of AWS nodes for months to generate schedules
“Like the NFL, they are running several thousand notes on Amazon for a few months just to get the best NFL schedule in the US.”
Gillett: GAIIFF uses proprietary tool Atium to source Amazon merchant acquisitions
“GAIF is short for the Global AI Internet Freedom Fund. So really we're a micro private equity fund, and we built an API in partnership with our cloud provider to allow Amazon sellers to do demand forecasting, to do pricing analytics. And it's called Atium actu…”
Gillett: GAIIFF acquired first brand outright, seeks international growth partnerships
“The one we bought is bought outright, but actually what we're looking for is partnerships with merchants that want to grow, and especially merchants that want to grow internationally.”
400 Million Dollar Sellers members generate $4B in aggregate annual revenue
“You know, in total we just did a census and we have four billion dollars in annual revenue amongst our 400 plus members.”
Eugene Kamen's Amazon revenue grew over 100% after joining Million Dollar Sellers
“I think that year after I joined, I increased over a hundred percent our top line revenue on Amazon.”
Adler: About 60% of Flume's 10,000 units sold through Amazon
“Probably about 60% of them have come from Amazon.”
Wooly drove revenue growth by upselling enterprise customers like Amazon
“Upselling existing customers with a few mammoth contracts with companies like Amazon.”
Booth: Amazon successfully used debt via a negative working capital model
“Amazon borrowed a bunch of money to create real value in their business. And that, and the future cash flows, it was a negative working capital model and the future future cash flows and the growth of creating that platform would easily pay, pay that back.”
Zinc's Priceyak automates 20,000 to 25,000 daily orders on Amazon
“And we place like 20 to 25,000 orders a day on Amazon.”
iCIMS has secured enterprise customers like Microsoft, Amazon, and Intuit
“We've been signing some very large companies, you know, the Microsofts, the Amazons, the Intuits, et cetera.”
Keil: QASymphony secured early enterprise wins including Nordstrom, Barclays, and Amazon
“We started to get some early wins with companies like Nordstrom and companies like Barclays and companies in the e-commerce space like Amazon.”
Kilkka: Power tool arbitrage generated over $1M in sales over three years
“Definitely more than a million in sales.
Okay.
Dollar sales.”
Kilkka: Programmatic cross-marketplace arbitrage opportunities still exist across the board
“But I think there are still opportunities like that across the board if you know how to look for them, especially if you're able to programmatically look for them.”
Montgomery: Amazon spent $150M and four years developing Alexa
“If you look at what Amazon built, they spent nearly four years, made three acquisitions, and spent a hundred and fifty million dollars
Before their Super Bowl ad in 2016”
Jeff Bezos ran day-long 'colonoscopy' meetings on every Amazon operational detail
“His Monday morning or a Tuesday morning meetings that will last all day are colonoscopies on the entire business. He will go in and just be all up everybody's things and just understand his business to the very minute level.”
Gillivan: Amazon business netted 5% to 10% profit on $20M sales
“So we make about 20 to 30% gross profit margins off of that twenty million dollars in sales. And then usually net profits end up being between five and 10%, depending on how we actually use the gross profits to pay employees and do other things to grow the sto…”
Van de Maele: Collibra aims to enable 'Amazonification of data' for enterprises
“What we want to get is to get to is that we call it the Amazonification of data, where ultimately users just shop for data like they are on Amazon. They put it in their data basket, so to speak, and then it goes to approval work workflows to actually get acces…”
Amazon Accounts for 20% of Organifi Sales While 80% Comes Elsewhere
“20% comes from Amazon. 80% comes from other traffic sources.”
ZeroApp closed a $700k seed round from tech angels
“We have a seed round closed in May, 700 K, mostly from angels. We have a great, great investors from Google, ex-Googlers, ex-Amazon, Skype, I mean, all of the communication companies, so we have angels from this company.”
Elrod nets roughly $7 profit per book across all Amazon channels
“The, it's about seven profit on Amazon across all channels from audible, you know Kindle it's average about seven dollars per book.”
Holland: 20% of VideoBlocks customers drive 80% of downloads
“So it is 20% of our customers who drive 80% of the downloads, and we're okay with that, because those tend to be the most engaged, and because of how inexpensive, ah, hosting and distribution is today, thanks to Amazon primarily, ah, it's very difficult. Like,…”
Turner: Mine Amazon reviews to quantify pain points and build messaging
“Amazon review mining is, is a thing that is great if you have a product that either has, is on Amazon or has a competitor on Amazon or a similar product or even a book about what you're selling. You can go through large, large numbers of small reviews by peopl…”