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.

clear all ✕

why aren't all 24 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

Disclosure
Swanick: GrowSumo Used Fake Logos Like Dropbox to Gain Early Traction
“So they saw that there was nothing on our page, so we threw up fake logos, like, Zenefits was huge at the time, Dropbox, you know, those kinds of companies.”
Luke Swanick Dec 2, 2018 ▶ 5:44 1226 How GrowSumo is Covering Base Expenses While Growing Performance Based Revenue
Assertion Supported
Budman: Backblaze stores about half as much data as Dropbox
“And at this point we are storing about half as much data as Dropbox.”
Gleb Budman Nov 10, 2018 ▶ 8:21 1204 $30m ARR Cloud Backup Company Almost Bankrupt from Thailand Floods
Assertion Supported
Ellis: Dropbox was the fastest SaaS business to hit $1B ARR
“They're the fastest company, fastest SaaS business to ever get to the one billion dollar revenue run rate”
Sean Ellis May 1, 2017 ▶ 25:11 646: He Coined Term "Growth Hacking" After DropBox, EventBrite, LogMeIn Work, Now Launching Book "Hacking Growth" with Sean Ellis
Assertion Supported
Latka: Dropbox drove growth by gifting free storage instead of discounts
“Dropbox, they give away their utility value, not dollars discounts. They give away free storage.”
Nathan Latka Mar 15, 2020 ▶ 7:26 1695 How He Used Video Ads To Get First 450 Customers, $1k in MRR
Insight
Slack And Asana Sell Company Licenses Upfront Unlike Single-User SaaS Tools
“The advantage that like Asana and Slack has, or even like an intercom, you pay for your company straight up. You always buy a company license from the get-go, even if you self-served. Whereas with a product like Dropbox, you might just be using it on your own.…”
Olaf Matei Nov 2, 2019 ▶ 3:23 1561 How To Get 5 Team Members Paying Personally Onto One Team Account with $5m ARR MixMax
Insight
Decugis: A healthy freemium model likely requires 40 million users
“You really have to have very strong numbers and four million is good, but you know, to have a very healthy freemium model would probably would need to be 40.”
Guillaume Decugis Sep 28, 2018 ▶ 8:43 1161 How 4m Freemium Users Power Enterprise Content Offering at Scoop.it
Insight
Rusenko: Freemium fails if paywalls feel like artificial constraints
“Your model has to resonate with your customers in a way that they understand why they have to pay more for something, or they just won't do it. If it comes off as sort of fake, comes off as this like artificial constraint, it's not going to work.”
David Rusenko Sep 18, 2018 ▶ 21:44 1151 Weebly CEO: 50m Users, North of .5% Conversion to $8/mo
Assertion Partly supported
Accel and Sequoia have co-invested in only 8 to 12 companies worldwide
“No, no, they, there are a very few I mean, there are like I don't know, eight or 10 or 12 companies in the world that they have both invested in Dropbox being one of them, Clevertabs being another one.”
Sunil Thomas Jul 30, 2017 ▶ 4:51 736: How Mobile Analytics Company Went $0 to $4 Million in 12 Months
Assertion Not checkable as stated
Ellis: Dropbox had strong referrals before launching its referral program
“Referrals were strong before the referral program went in place. People love the product. We're spreading the word about the product.”
Sean Ellis May 1, 2017 ▶ 4:55 646: He Coined Term "Growth Hacking" After DropBox, EventBrite, LogMeIn Work, Now Launching Book "Hacking Growth" with Sean Ellis
Insight
Ellis: Scaling to $1B Requires Integrated Teams, Not Isolated Growth Hacks
“You can't scale to that level on just clever growth hacks that one or two people are doing. You need to have a very integrated, coordinated team, and the best time to build that into your business is early when the culture is still malleable to do it.”
Sean Ellis May 1, 2017 ▶ 24:57 646: He Coined Term "Growth Hacking" After DropBox, EventBrite, LogMeIn Work, Now Launching Book "Hacking Growth" with Sean Ellis
Insight
Caruso: Cash discounts fail to incentivize SaaS user virality and referrals
“They initially were giving dollar discounts to users to do a referral, and they found out that that wasn't working at all, and we've had the exact same experience. You know, if we said, oh, we'll give you five dollars off if you refer someone, that didn't real…”
Nick Caruso Feb 6, 2017 ▶ 13:43 EP 562: Illumineto Raised $700k raised, Passes 100 Customers with DC Team with CEO Nick Caruso
Insight
Nelson: Building a large self-serve SaaS at low ARPU is insanely hard
“When I launched, that's, you know, it was all self-serve. It was, you know, 29 bucks a month or 49 bucks a month, and it's just, it's insanely hard to build something large without, I mean, Dropbox has done it, but very few have.”
Rob Nelson Nov 27, 2016 ▶ 15:46 EP 491: $13M in Funding, Grow.com Hits $300k MRR, Helping 600 Customers w/ Better Dashboards with Rob Nelson CEO
Disclosure
FileCloud targets regulated sectors like military and government for data control
“We have a very unique differentiation where we provide solutions for specific, you know, areas and industries where they need complete data control and privacy. You can imagine organizations like You know, the military intelligence forces, insurance and other …”
Madhan Kanagavel Jun 18, 2021 ▶ 1:40 DropBox Competitor Bootstraps to $9m Revenue in Austin Texas
Assertion Supported
Detectify co-founders hacked Google, Facebook, and Dropbox before starting company
“My co-founders that are some really, some of the world's best white hat hackers, they have more or less, as part of this responsible disclosure scene, they have hacked, you know, Google and Facebook and Dropbox. They hacked Facebook with the help of Dropbox, e…”
Rickard Carlson Jun 19, 2017 ▶ 3:54 695: When You Deploy Software Product, Use This to Keep Hackers Out with Detectify CEO
Assertion Supported
Ellis: Dropbox built its famous referral program with under 10 employees
“There was less than 10 of us at the company at the time. I was the only non-engineer at the company”
Sean Ellis May 1, 2017 ▶ 3:32 646: He Coined Term "Growth Hacking" After DropBox, EventBrite, LogMeIn Work, Now Launching Book "Hacking Growth" with Sean Ellis
Assertion Supported
Ellis: Ring founder Jamie Siminoff's PhoneTag inspired Dropbox referral program
“Jamie Siminoff, the guy that runs Ring, the super hot video doorbell company now, but he you know, prior to that, he had a company called PhoneTag, where he had basically done a ton of testing and came up with this double-sided incentive as being really effect…”
Sean Ellis May 1, 2017 ▶ 3:51 646: He Coined Term "Growth Hacking" After DropBox, EventBrite, LogMeIn Work, Now Launching Book "Hacking Growth" with Sean Ellis
Assertion Not checkable as stated
Foo: Employees at Dropbox, Twitter, and Airbnb independently adopted Polymail
“We have multiple users at Dropbox, Twitter, Airbnb where a lot of the users there have just adopted the product on their own.”
Brandon Foo Nov 16, 2016 ▶ 13:24 EP 480: YC Backed Polymail Raises $1M, hits 20k Users with CEO Brandon Foo
Assertion Supported
MatterMade's creative team manages design work for Dropbox and Yelp
“We have this amazing design team. Like they're doing design for Dropbox and Yelp and like really high profile clients of ours.”
Eli Rubel Nov 24, 2022 ▶ 16:24 Imagine doing $6.1m in revenue helping Loom, Dropbox, and G2 break $100m in ARR
Insight
Milich: Skiff monetizes easily on storage because users expect linear pricing
“So one of the things we can monetize pretty easily is storage space. People are probably paying for storage space in their life already, whether it's on Google or it's on Dropbox or something else. And so that's something that's pretty common. Also it's, you k…”
Andrew Milich May 15, 2022 ▶ 6:05 Skiff is Privacy Focused Notion, Breaks $60m Valuation, 10k MAU's
Disclosure
Sisson: Yaza plans to charge $5 to $7 per month for subscriptions
“We'll do subscriptions. I mean for people who have a lot of video and they want the advanced camera. Just think of it as like Dropbox model will charge, you know, five, seven dollars a month for extra memory, and then you'll get a more powerful camera for edit…”
Peter Sisson Nov 27, 2020 ▶ 13:32 Can Consumer App For Authenticated Videos Tied to Location Work in 2020?
Disclosure
Hendrickx: HQ.app centralizes search and organization across third-party work apps
“Basically the idea is to replace the way people currently organize, like, bookmarks and files in their typical places. So you connect your apps Google Drive, Dropbox, Slack, Gmail, et cetera and you get this central search engine you type, you find stuff, and …”
Florian Hendrickx Mar 15, 2020 ▶ 0:56 1695 How He Used Video Ads To Get First 450 Customers, $1k in MRR
Assertion Not publicly verifiable
Brown: Orangedox ranks number one for 'track my Dropbox files'
“To grab a, you know, if you look at track my Dropbox files, we come up with like number one on that list now.”
Chad Brown Dec 31, 2016 ▶ 11:17 EP 525: Orangedox Doubles Down on Enterprise with $7.5k in MRR with CEO Chad Brown
Assertion Not checkable as stated
Chad Brown: Orangedox customers pay an average of $25 to $30 monthly
“We definitely are more on the personal use to date mainly because, you know, we're attached to things like Dropbox and Google Drive, but we have I would say probably an average, each customer is paying between 25 to 30 dollars a month.”
Chad Brown Dec 31, 2016 ▶ 5:29 EP 525: Orangedox Doubles Down on Enterprise with $7.5k in MRR with CEO Chad Brown
Assertion Not checkable as stated
Epstein: Ambassador's freemium launch resulted in 600 users who never paid
“I had this idea that we would be freemium, and Dropbox was like the most popular software out. We wanted to be freemium. I think the story I tell is we had 600 customers not pay us. 600 customers didn't pay.”
Jeff Epstein May 20, 2016 ▶ 4:53 EP 300: This Law Student Quit to Build Referral Program Business Doing $2MM+ Per Year
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