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.

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why aren't all 210 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
Chili Piper enforces a strict no-discount policy across enterprise sales
“By the way, we have a no discount policy. So I do about five rounds of negotiation with, not negotiation with the procurement Facebook.”
Nicolas Vandenberghe May 4, 2022 ▶ 21:25 $20m Payday and he still controls ChiliPiper with his Wife Alina
Opinion
Falk: GitHub stars are a vanity metric like Facebook likes
“GitHub stars is, it's sort of like a like on Facebook. It's a bit of a vanity metric to be honest”
Brendan Falk Mar 1, 2022 ▶ 1:54 DevOps Tool Fig Raised $2.2m in 2020, Now Approaching 100k MAU's, Whats Next?
Opinion
Charlin: Facebook ads became 'shitty' for SaaS customer acquisition
“We use a few years back to be on Facebook. It was good, but it became, sorry to say, I don't want to say a wrong word, but shitty.”
Sebastian Charlin Feb 14, 2022 ▶ 17:48 Workplace Management SaaS Hits $4.7m in ARR, up 70% YoY, Price Increase Added $55k/mo last 20 days
Opinion
Beberg: A re-envisioned Facebook would be Seva Exchange
“So if Facebook were to be redone, like, Envisioned. I would say that it would be Seva exchange.”
Anita Beberg Nov 14, 2021 ▶ 3:37 224 Communities use Seva to Manage Volunteers, Raising $1.5m on $6m Now
Disclosure
Bradley-Chernis: Managing Facebook and LinkedIn integrations absorbed 75% of Lately's resources
“And that actually, 75% of my headache as far as resources go, is just dealing with Facebook and LinkedIn and all their bullshit, right? And I didn't understand that Lately could actually function and live without that, so it could be an extension of all the ot…”
Kate Bradley-Chernis Oct 29, 2021 ▶ 5:08 How Lately Plans to Break $1m in ARR, Raising Now at $10m Valuation
Assertion Supported
Perry: MyHeritage Hit No. 1 Free App in 22 Countries Using D-ID Tech
“Their app, MyHeritage app, because of our technology, was first place in the App Store, in the free apps, in 22 countries. Above Facebook, TikTok, Instagram.”
Gil Perry May 19, 2021 ▶ 15:54 Deep Fake Tech Pivoted from $0 Last Year, $24m Raised, CEO teases new round
Insight
Dropshippers fail on Facebook because they neglect to refresh ad creatives
“In the Facebook world, it's all about, you know, what a lot of dropshippers don't do is they don't refresh a lot of their ads and they die out and they move on to the next product.”
John Reyes Jan 31, 2021 ▶ 6:33 eComVids Pivots to SaaS For DropShippers to Get Product Creatives
Insight
McCormick: Writing about Stripe drives more employee shares than Facebook
“Like I wrote about Stripe and then everybody at Stripe reads the piece where you write about, you know, X, Y, Z company that's big enough that it can have an impact. But small enough that they're not being written about every day. Like, you know, people within…”
Packy McCormick Jan 8, 2021 ▶ 8:10 Packy McCormick Not Boring Substack Hits $50k Revenue, 25k Subs
Disclosure
Greenberg: Google Shopping, Facebook Marketplace, and Walmart are Algopix customers
“So it would be the CPG brands as well as the marketplaces themselves. We have customers like Google shopping, Facebook's marketplace, Walmart. So both.”
Ori Greenberg Dec 18, 2020 ▶ 3:28 AlgoPix Hits $2.4m Revenue Helping CPG Brands Monitor Competitors Pricing
Assertion Not checkable as stated
Deken: Facebook Ads Have Outperformed Google AdWords for Unstack
“We haven't done a lot of paid at surprisingly Facebook has worked better than AdWords.”
Grant Deken Oct 20, 2020 ▶ 16:27 Unstack CMS All In One Hits $10k MRR, Adding $2500/mo, 16k Uniques from ProductHunt Launch
Opinion
Bice: LinkedIn for B2B is what Facebook was for B2C
“So if you're in B to B, you know, LinkedIn, this is like Facebook was in B to C 10 years ago. I mean, it's just it's an open area. The growth is tremendous. You know, it is the place to be if you want to grow in B to B.”
Bill Bice May 30, 2020 ▶ 12:48 BoomTime.com: Hit $2.8m in Revenues, First 100 Customers From Linkedin
Disclosure
Smartlook abandoned Facebook ads due to high churn among small users
“But then after a couple of months, we realized that there are just small customers. They were churning a lot. So we cut that channel, and we don't use it anymore.”
Peter Janosik May 25, 2020 ▶ 8:50 1766 $700k Cash In Bank, $2m ARR, 100% YoY Growth, They're Hot!
Assertion Not checkable as stated
Russo: Recruit Locator Yields 10-15 Signups from 7,000 Facebook Clicks
“The conversion data is sometimes low. You know, we might get from those 7000 clicks you know, we might get, you know, 10, 15 people who would sign up, so it's really low. And then we look at that, and even with that amount, we might get, you know, five or six …”
Adrian Russo Jan 2, 2020 ▶ 7:40 1622 Can You Help This Devleoper Figure Out Distribution in Recruiting Software Space?
Assertion Partly supported
Latka Shares Facebook and Expensify's Early User Activation Benchmarks
“When Facebook launched, they knew they had to get seven friends to a new user in the first week for you to be sticky, right? And then you're going to stick, Expensify, right? A B to B SaaS company. They know when an employee downloads their app, they've got to…”
Nathan Latka Nov 8, 2019 ▶ 6:13 1567 How New Employee Feedback Tool Plans to Monetize
Assertion Not checkable as stated
Schuckert: 80% of Website Visitors Are on Facebook Messenger
“Eight out of 10 people that hit any website are probably on Facebook and are probably on messenger with a 1.3 billion people.”
Carl Schuckert Aug 11, 2019 ▶ 9:25 1478 The Art of the Start: First $1k in MRR and How He Did It
Assertion Not checkable as stated
Valishev: Facebook is up to 10x less efficient than Google for acquisition
“Facebook is sometimes 10, 10 times less effective in number, in terms of Acquiring installation safe users than Google, for example, in Brazil.”
Tim Valishev Jun 29, 2019 ▶ 16:43 1435 Live Chat For Business Passes $5m in ARR, 31,000 Customers, Bootstrapped
Disclosure
Mack: Spokal slowed new feature development to maintain ~20 API integrations
“So the issue with this kind of space is it changes so fast that it's difficult to try to like you can't just build a product and then leave it running because all the other, like we integrate with probably about 20 different systems, which is kind of where a l…”
Chris Mack Jun 5, 2019 ▶ 8:05 1411 This Tool is Flat, Bootstrapped, Why Won't Founder Get The Hell out and Sell?
Assertion Not checkable as stated
Country Outfitter organic Facebook reach plummeted from 56% to 0.5%
“So I think we had 56% reach when we'd post an organic Facebook post. And literally overnight, over a span of about three different algorithm tweaks, that went to .5%.”
John James Oct 30, 2018 ▶ 6:10 1193 Now Anyone Can Use the Tech He Used to Build His $100m eCommerce Brand
Disclosure
Niche plans to launch workplace reviews targeting major tech companies
“So by the end of this year, we'll have moved into workplaces. So the same model, but on what it's like to work at Apple, Facebook, and Google.”
Luke Skurman Sep 29, 2018 ▶ 15:55 1162 Pittsburg Placed Niche.com Passes 10m Uniques/Mo, $3m in SaaS Revenue
Assertion Not checkable as stated
Adams: Client Made $3M in Three Months From One Boosted Post
“He did like three million in revenue in three months, just launching a Shopify store from that.”
Jeremy Adams Jul 22, 2018 ▶ 6:14 1093 If you're under 30, is agency/coaching a good way to make money?
Opinion
Advertisers urgently need independent alternatives to Google and Facebook
“Advertisers and agencies, they need an alternative to Google, right? They need an alternative to Google and Facebook, and there won't be many alternatives.”
Mark Grether Jul 11, 2018 ▶ 9:06 1082 Why Public Sizmek Went Private to Fuel Growth via M&A in Buy Side Programmatic Space
Disclosure
Facebook drives bulk of Grow.com's paid acquisition due to lower costs
“Facebook has always done really well for us. You know, it doesn't perform as well as like Google, but you know, it's a lot less expensive. But still the bulk of what we do comes from Facebook.”
Rob Nelson Jun 14, 2018 ▶ 4:55 1055 Utah CEO: We've Doubled YoY to $10m in ARR
Opinion
ShareThru competes primarily with Google and Facebook, not Twitter
“Who we do compete with really is just the behemoths of Facebook and Google. You know, some people put Twitter and others in the same sentence, but Twitter pales in comparison and size to Google and Facebook and the ad ecosystem.”
Dan Greenberg May 18, 2018 ▶ 5:45 1028 Advertisers Put $250m Through Him Last Year As Top Google, Facebook Alternative
Disclosure
Paid ads, AdWords, and Facebook have never worked for Weekdone
“We've never been able to make paid ads or so work. So the conversion there has been really bad, actually. So yeah, we still experiment, but neither retargeting or Google AdWords or Facebook actually work for us.”
Yuri Kaljundi May 16, 2018 ▶ 10:15 1026 "Juri, would you sell to me now for $1.5m?"
Assertion Supported
Lemp: Facebook and Google Power 49% of Internet Advertising
“You have sites like Facebook, sites like Google. I mean, they're powering 49% of all internet advertising.”
John Lemp May 13, 2018 ▶ 2:45 1023 Will He Win Battle For Bottom of Blog
Opinion
Daboll: Big brands are consolidating ad spend into Google and Facebook
“The other thing is you've got some consolidation where, where a lot of the big brands are sick of the ad tech stuff. They just want to deal with like a Google or a Facebook or, you know, a big vendor and concentrate their spend there.”
Peter Daboll May 7, 2018 ▶ 16:18 1017 The New Nielsen? $12m in Revenue Says, Maybe!
Prediction Not checkable as stated
Facebook ad management fees will compress as basic problems are solved
“So what you see is over time, the fee drops because there's more entrance in the market and people solve some of the basic problems. And so we anticipate that with Facebook also, but right now we're about 10%, but when we release SAS, it won't be 10%. It'll be…”
Chris Treadaway May 5, 2018 ▶ 10:31 1015 How He's Using $10m In AdSpend to Power New SaaS Offering
Insight
Stevenson seeded tracking pixels with JV partner traffic to build lookalikes
“What I did was I used those joint venture partners to build up an audience, basically to feed my pixel for Facebook, feed my pixel for YouTube. And then you take that audience, you create lookalikes, and now you have amazing startup audiences for Facebook ads,…”
Travis Stevenson May 1, 2018 ▶ 4:36 1011 How He Drove $1.4m in ChatBot PreSales
Prediction Not checkable as stated
Kline: Instagram or Facebook could start offering influencer marketing
“Like I think that Instagram or Facebook could potentially start offering influencer marketing.”
Justin Kline Apr 29, 2018 ▶ 12:42 1009 The Argument for Shutting Down and Launching With 100% Control
Assertion Not checkable as stated
Facebook is the biggest driver of quiz traffic for Interact
“Facebook is the biggest driver of quiz traffic.”
Josh Haynam Apr 14, 2018 ▶ 3:01 994 Why Forbes Uses Quizzes Instead of "Opt In Landing Pages"
Assertion Partly supported
The Foundation halved their Facebook lead costs by switching to a quiz
“Dropped their lead costs from six 30. So six dollars and 30 cents down to about three 37, I think was the exact number.”
Josh Haynam Apr 14, 2018 ▶ 4:29 994 Why Forbes Uses Quizzes Instead of "Opt In Landing Pages"
Disclosure
Barrett: Expensify does not use any paid marketing channels
“Nothing. We don't have any paid channels.”
David Barrett Nov 15, 2017 ▶ 16:34 844: SaaS: How Ignoring CAC Works for ~$100m ARR Expensify
Assertion Not checkable as stated
Barrett: Expensify's tech stack resembles consumer social more than Concur
“We've built in a tremendous technology stack. That's much more like Twitter or Facebook than it is like concur or something else.”
David Barrett Nov 15, 2017 ▶ 15:34 844: SaaS: How Ignoring CAC Works for ~$100m ARR Expensify
Assertion Supported
Playbuzz became Facebook's most-shared website within a year of launching
“Our website, plebaz.com, became the most shown website on Facebook. Less than a year after it launched, just by virtue of housing, editorial content,”
Shaul Olmert Nov 12, 2017 ▶ 12:14 841: Why He Can Charge $1000 CPMs, $31m Raised Helping Create Better Content
Prediction Held up
LinkedIn's Ad Scale Will Never Match Facebook Due to Audience Focus
“From the scale standpoint, no, you know, like it's a B to B focused audience. The audience of professionals that they go after are, you know, high talent, high income professionals. So, you know, as opposed to janitors on the far end of the spectrum, you know,…”
Chris Mann Sep 23, 2017 ▶ 4:56 791: BrightFunnel Marketing Tech Passes $3m ARR, 70 Customers
Insight
Ad Platforms Like LinkedIn and Facebook Cannot Grade Their Own Attribution
“You need to have kind of a Switzerland, if you will, for doing attribution or marketing measurement where, you know, LinkedIn should not be the company that you go to have them prove the value of their advertising.”
Chris Mann Sep 23, 2017 ▶ 7:09 791: BrightFunnel Marketing Tech Passes $3m ARR, 70 Customers
Insight
Scaling realtor Facebook ads past $65,000 monthly hits severe diminishing returns
“You can't just go from 65,000 dollar a month ad spend to, you know, 200,000 and get double the leads. It'll cost, it starts to get a lot more expensive per lead, less quality, they start seeing your ads way too many times”
Amanda Newman Aug 5, 2017 ▶ 10:02 742: This Founder Crowns Real Estate Agents "Mayors", Grows From $700k to $6.4M in Under 12 Months
Assertion Not checkable as stated
Facebook files defensive patents solely to avoid being blocked by competitors
“They file a lot of patents, and the reason why they do it is because they want to make sure that no one else will infringe on them or Maybe stop them for offering a service.”
Demetrius Giannoccaro Jun 20, 2017 ▶ 5:03 696: The Debate: Are Patents "Entrepreneurial" Or Unfair?
Assertion Not checkable as stated
Levitin says Crazy Lister completely failed at Facebook paid acquisition
“We could not succeed with anything on Facebook, no matter how focused were we in our targeting.”
Victor Levitin Jun 17, 2017 ▶ 4:57 693: How to 3x SaaS Revenue in 8 Months from $25k to $85k
Insight
Costanzo: Selling taste-based consumables via Facebook ads alone is difficult
“It is hard to sell a consumable product that's totally based on taste through like just a Facebook ad.”
Brad Costanzo Oct 1, 2016 ▶ 18:48 EP 435: Consultant does BIG league $600k Last Year, Now Has Unique Model and Coffee with Brad Costanzo
Assertion Partly supported
Putnam: Facebook organic reach collapsed from 50-60% to 2-3%
“Like, Facebook, like, five years ago, everybody was all about getting as many likes and followers on Facebook as they can, because organic reach was like, 50, 60%. You know, right now, it's like, two to three percent, right?”
Nathan Putnam Sep 28, 2016 ▶ 15:35 EP 431: Agency Does $6m 2015, 41 Employees with Publisher/Advertiser Network CEO Nathan Putnamof Monumetric
Insight
Elkaim: High-value Facebook ads generate viral shares and social proof
“What we found to be really helpful, especially on Facebook is thinking about the ad in and of itself as providing immense value to the newsfeed. So even if people don't register or click on the ad or for the register for the webinar, the ad itself is valuable.…”
Yuri Elkaim Sep 22, 2016 ▶ 5:39 EP 425: $300k Webinar Sales Funnel Like You've Never Seen with Yuri Elkhaim
Insight
Hyrkin: Tech platforms moved publishing's center of gravity to the West Coast
“Really the publishing and content business, the center of gravity is shifted dramatically to the west coast because that's where access to content is being made available on platforms like Facebook and Snapchat and others.”
Joe Hyrkin Aug 20, 2016 ▶ 12:16 EP 392: 3M Publishers Use Issu, 100,000 Have Paid with CEO Joe Hyrkin
Disclosure
Hill: Pitches in partner Facebook groups after three weeks of value
“My plan now is to replicate the process using other people's Facebook groups. So cause what I've experimented with is if they introduce me to their group, if they've got a good audience, I go live maybe once a week and just give value for three weeks and then …”
Carissa Hill Aug 12, 2016 ▶ 14:12 EP 384: $105k on 1 Facebook Live, The New Webinar with Carissa Hill Ep 384
Insight
Garst: Facebook Offers beat standard ads and boosted posts in organic reach
“When you do a Facebook offer versus a Facebook ad, or just, you know, put it up and boost it, Facebook offers, for some reason, outperform in reach versus, for the same dollar amount, essentially, as some other methods of, that Facebook has for you to spend mo…”
Kim Garst Jul 26, 2016 ▶ 11:08 How To Build a $30k/mo Membership Site with Kim Garst of Social Boom E2
Assertion Not checkable as stated
Allouche: Metadata.io Extracts 100–150 Data Signals from an Email Address
“What we do is that we connect to many more data sources, not only cookies, but we connect to, and we specialize in B to B, so we can find out just by an email what's that person, you know, job, what was the previous job they ever worked for, their education le…”
Gil Allouche Jun 7, 2016 ▶ 7:28 Technical Co-Founder Hits $35k in MRR, Won't Sell for $10m Today, EP 264: Gil Allouche
Insight
$5 to $10 in Ad Spend is Sufficient to Test Headlines
“For most articles a good budget for testing, like if you're testing just headlines and thumbnails five dollars would be adequate. But 10 dollars to be safe.”
Emerson Spartz Apr 18, 2016 ▶ 11:44 Turning Humans Into Robots For 50 Million Monthly Unique Wesbite Views with Emerson Spartz of Dose.com Ep 240
Disclosure
Adams: Elite Daily initially bought traffic and boosted Facebook posts
“Initially, yeah, we did have services to help us boost traffic. We used Facebook, you know, boosting articles, and we did spend money on, on figuring out how to also get traffic to this site quickly.”
Gerard Adams Apr 6, 2016 ▶ 13:56 0 to 80m Monthly Unique Website Views and Millions in Revenue by 31 with Gerard Adams of Elite Daily EP 228
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