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
VCs blocked Steve Cody from firing a leadership team executive
“There was one person on our team that I thought should leave the team that was in a leadership position. The VCs wouldn't let me get rid of them.”
VC investors took a loss when Steve Cody repurchased his company
“Yeah, they, yeah, they took a loss.”
The Better Software Company charges $100 to $250 per location
“The price will range between a hundred per location to 250 per location, and what we've done is we allow a person to have unlimited users”
The Better Software Company has scaled to 4,000 franchise locations
“We've got about 4000 on there right now.”
The Better Software Company grew sales 55% after founder's buyback
“We've grown sales 55% since we took it back.”
Monthly churn dropped from 7% to 3.2% after the company buyback
“When we took the company back, churn was at about seven percent, and I think now we're sitting at about 3.2%.”
Targeting multi-location franchises reduced customer acquisition costs to $300
“When we kind of dug into it, what we found is any customer that had more than three employees did more than 350,000 dollars a year, had more than one location or had to manage inventory. They didn't turn as much. So we were able to take that and drive the CAC.…”
The Better Software Company began as an internal operating tool
“And the software we had created was always our competitive advantage, and when we started looking for something in franchising, we couldn't find anything, so we said, well, let's just modify ours so that we can start franchising with it”