The Ledger

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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

Assertion Not checkable as stated
Facebook native video generates four to six times higher reach than links
“The reach on those assets compared to things like links and photos are absolutely, you know, four, five, six times higher.”
Ashish Patel Apr 1, 2016 ▶ 13:00 $16m Just Raised and 1 Billion Monthly Active Views with Ashish Patel of NowThis EP 215
Disclosure
NowThis replaces two-shot interviews with direct-to-camera video op-eds
“What we do is we kind of think of it more as a video op-ed style where our interviewer is not in frame. The questions are not vocalized or heard over the audio over the audio and the video. And you know, we shoot right to the subjects, you know, very close up …”
Ashish Patel Apr 1, 2016 ▶ 10:21 $16m Just Raised and 1 Billion Monthly Active Views with Ashish Patel of NowThis EP 215
Insight
NowThis produces volume-agnostic videos for muted mobile social media feeds
“We definitely use text on screen and The primary point of that is to make sure that our videos are what we call volume agnostic. So, you know, you can enjoy them with the sound off and totally get the full context of the piece. But you're clicking in and liste…”
Ashish Patel Apr 1, 2016 ▶ 11:29 $16m Just Raised and 1 Billion Monthly Active Views with Ashish Patel of NowThis EP 215
Disclosure
Firestone: Boom! spends $15K-$20K daily on advertising, 90% on Facebook
“So we spend about 15 to 20,000 dollars a day on advertising, 90% on Facebook, but we also use Instagram, Pinterest, and Google.”
Ezra Firestone Mar 29, 2016 ▶ 4:35 How Male Marketer Does $1.5m Per Month In Womens Cosmetics with Ezra Firestone of Boom! By Cindy Joseph EP 207
Insight
Firestone: One $1,000 daily ad set outperforms twenty-five $15 ad sets
“Bigger target groups at this kind of scale work better, so an ad set where you're spending a thousand dollars a day on one targeting is gonna work better than 25 ad sets where you're spending 15 dollars a day”
Ezra Firestone Mar 29, 2016 ▶ 11:08 How Male Marketer Does $1.5m Per Month In Womens Cosmetics with Ezra Firestone of Boom! By Cindy Joseph EP 207
Assertion Not checkable as stated
Zimmerman: Facebook ads do not convert directly to $997 course
“We are not finding a huge conversion to the nine 97 directly from a Facebook ad per se, but we send them to one of our smaller eBooks and build and take them through this.”
Sue B. Zimmerman Mar 3, 2016 ▶ 8:07 How to Sell an Expensive Course FAST with Sue Zimmerman Episode 24
Insight
Kneuper: Heavy Facebook ad spend drives subsequent Google search volume
“Once you start spending a lot of money on, on Facebook, driving traffic to your website, growing your brand, then your Google ad spend will start to grow as well because then people are starting to search for your product and search for your terms and they sta…”
Nick Kneuper Feb 25, 2016 ▶ 10:39 From Student to $10m Entrepreneur with Nick Kneuper of Electric Threads Ep 4
Disclosure
Luna strictly shuts down any Facebook ad exceeding a $2 conversion cost
“If any ad would go over two dollars a conversion, I actually, I would turn the ad off and then put a new one up. I would adjust like change the graphic or change the copy.”
Kimra Luna Jan 24, 2016 ▶ 9:29 Art of Your First Six Figure Launch with Kimra Luna
Disclosure
Torres: Arcads relies most on Meta ads made with its own tool
“The first one and the most important one is like actually paid ads. We use our own tool to promote our tool. So we do some paid ads on Meta to like basically show what the tool can do and We just prove it works by using it, right?”
Romain Torres Jul 8, 2025 ▶ 3:04 My Agent Army Brings Me $500,000 Per Month (Exploding SaaS)
Assertion Not checkable as stated
Lemlist spin-off product born from a Facebook group discussion generates $2M ARR
“The first one is creating a whole product, generating today two million dollars in annual recurring revenue, just based on a community discussion that we had within our Facebook group, within the community that we built.”
Kevin Moenne-Loccoz Jun 18, 2024 ▶ 6:51 Lemlist Product Genius Shares Strategy, $23,000,000 in Sales (ARR), No Outside Funding
Disclosure
AdGreetz Deploys Video Ads Across 100 US Streaming Channels
“Well, we deploy to 26 channels, which are Facebook and Google and email and app and everything that people have been doing for a while. But the latest twist is in the US, we're now doing this on a hundred streaming channels.”
Eric Frankel Jul 17, 2022 ▶ 1:25 How To Run 1000 TV Commercials For your SaaS Without A Ton of Work
Assertion Not checkable as stated
Paré: Google ads outperformed Facebook retargeting for DashThis customer acquisition
“Mainly Google. We did a lot of Facebook earlier, like retargeting and stuff like that, but it didn't work out as much as Google did, so.”
Antoine Paré Feb 21, 2022 ▶ 4:53 How this Reporting Tool Bootstrapped to $4.2m ARR, 2600 Customers
Insight
Hedges: Facebook ad targeting struggles with niche B2B verticals compared to B2C
“I'm finding that with Facebook, even with some advanced targeting, it's a little difficult because, you know, we're finding that we need to be a little more vertical specific. You know, our app is customized for over 30 verticals, but it's hard to pinpoint ver…”
Zach Hedges Apr 25, 2021 ▶ 10:14 Copy his Playbook: His First $25k in MRR Came From Affiliates
Assertion Not checkable as stated
AIMI Social acquired over 300 customers in 72 hours via pre-launch group
“We put on over 300 people within 72 hours, 300 customers within 72 hours using a prelaunch strategy. for, so four months before we launched Amy social in January of this year, we drove people into a Facebook group and we promoted the value of the product and …”
Zach Hedges Apr 25, 2021 ▶ 4:17 Copy his Playbook: His First $25k in MRR Came From Affiliates
Assertion Not checkable as stated
Premise CEO: Early enterprise customers increased contract spend by 500%
“These customers would spend on the average when we first signed them up somewhere between 5200 K. But that, you know, once we got through that initial year and proved out the business, and people got addicted to the data, they got addicted to the insights we w…”
Maury Blackman Mar 15, 2021 ▶ 9:28 Premise Breaks $20m Revenue, $400m+ Valuation in Two Sided Marketplace Play for Consumer Data and Feedback
Disclosure
AX Semantics spends roughly €250k annually on paid ads
“I wouldn't know on a monthly basis, but I can tell you that it's a probably 250 K I'm talking euros. Yeah. So at 10, 15%. Yeah. 250 K a year.”
Steven Morrell Mar 1, 2021 ▶ 6:30 They Grew 60% YoY to $4.2m Revenue By Spending $300k on FB Ads
Disclosure
Human Proof Designs has 31K email subscribers and 11K Facebook members
“Well, we have a total of about 31,000 people on our email list that are active. And we also have a Facebook group with about 11,000 people in our private Facebook group.”
Brian Brewer Oct 5, 2020 ▶ 16:43 HumanProofDesigns Hit $2m Revenue Selling Starter Sites to New Entrepreneurs
Assertion Not checkable as stated
FlyPlugins pays just $5 to $6 to acquire customers via Facebook ads
“To get a customer right now, I think we're probably paying, I don't know, Five, six bucks. I mean, cause it's like, it's all Facebook, you know, Facebook ads.”
Ben Arellano Sep 22, 2020 ▶ 10:35 FlyPlugins Hits $500k/yr For Wordpress Addons
Disclosure
Campos: Facebook internal calendar tools inspired the founding of Woven
“There was a tool that we had at Facebook called the meeting tool and eventually became the calendar tool. And the innards of that were ultimately what inspired Woven.”
Tim Campos Aug 2, 2020 ▶ 2:13 Woven.com: Ex Facebook CIO Looking to Re-Invent How We Setup Meetings
Disclosure
Animoto spends approximately $1 million per month on paid advertising
“Oh, yeah, yeah. Probably yeah, it's probably around, it's probably up there, around there, and we're trying all sorts of different channels”
Jason Hsiao Jun 30, 2020 ▶ 13:15 Video Platform Animoto up 20% YoY with $30m in Revenue, Will Canva Acquire For $300m?
Disclosure
Hollinger: Visitor Queue Has a Customer Acquisition Cost Around $500
“We have a CAC of about 500 and AdWords plays, plays nicely into that, and so does Facebook and our current channels.”
Nick Hollinger Jun 20, 2020 ▶ 9:16 VisitorQueue Hits $270k Revenue, Powers Your Sales Team ABM
Assertion Supported
Joost de Valk: Consulted on SEO for eBay, Facebook, and The Guardian
“I was working for some of the biggest brands on the planet. I've done SEO for eBay, the guardian, Facebook. So I let the migration from guardian co UK to the guardian.com.”
Joost de Valk May 9, 2020 ▶ 2:52 1750 With $12m in ARR Yoast CEO Says Wordpress Couldn't Afford to Acquire
Assertion Not checkable as stated
Intellisphere finds Facebook ads more cost-effective than long-tail Google
“We've found Facebook to be a little bit more effective, cost effective than the Google long tail.”
Bruce Worrall Apr 19, 2020 ▶ 4:27 1730 Burning $45k/mo With $80k in ARR, Why Is He Raising? Product is not proven!
Assertion Not checkable as stated
Wimi sees a roughly 12-month CAC payback on paid marketing
“Yeah, it's about 12 month payback, yeah.”
Lionel Roux Jan 12, 2020 ▶ 13:44 1632 How He Got 1000 Customers from 42,000 Free Users, $150k in MRR
Assertion Not checkable as stated
Parrot QA spends roughly $1,000 per customer acquired via Facebook ads
“Facebook largely is the acquisition channel. It cost me about a thousand dollars to acquire a customer on Facebook.”
Jake Kring Jan 4, 2020 ▶ 12:07 1624 Why This Founder is Totally Happy Running 2 Businesses At Once
Disclosure
Growth Marketing Conference budgets $35,000 for 2019 digital ad spend
“So I think PPC would be around 20 K this year and Facebook ads will be maybe 15.”
Vasil Azarov Nov 20, 2019 ▶ 10:45 1579 Growth Marketing Conf SF Dec 10th Breaks $1.5m in Revenues
Assertion Not checkable as stated
Paid Ads Cannot Justify Mailtag's $7 Monthly Subscription Price
“We tried running a few digital ad campaigns like a Google AdWords or Facebook in the past, but that, that's been not much efficient, and it doesn't justify the seven dollar per month cost to acquire the user because the conversion to the different sort of an a…”
Rishikesh Kale Oct 1, 2019 ▶ 6:38 1529 Will This Company Ever Scale Past $6k/mo?
Disclosure
Vandenberg: Facebook is Chili Piper's largest customer with hundreds of reps
“Right now our biggest customer is probably Facebook. There are hundreds of reps on our app.”
Nicolas Vandenberghe Jun 16, 2019 ▶ 4:33 1422 How He Drove $300k Expansion on $1m ARR Cohort in 12 Months
Disclosure
Latka: Heyo peaked at $90K monthly before selling due to 7% churn
“My first company, Heyo, it was a drag and drop for Facebook apps. Every Tuesday morning, we knew that we were going to have something broken because that night Facebook release, that's when they did the release. And eventually we topped out about 80, 90 grand …”
Nathan Latka Jun 5, 2019 ▶ 10:22 1411 This Tool is Flat, Bootstrapped, Why Won't Founder Get The Hell out and Sell?
Assertion Not checkable as stated
Latka: Tying Heyo's pricing to captured leads immediately spiked revenue
“In Halo's case, the customers who kept paying the longest were those who captured the most leads through our Facebook contests. So we started to tie pricing to the number of leads collected and immediately saw a revenue spike.”
Nathan Latka Mar 5, 2019 ▶ 6:36 Capitalistbook.com: My SaaS book LIVE today ($6.5m Error)
Assertion Not checkable as stated
Dorfbauer: Facebook uses Usersnap to build Internet.org across languages
“Facebook, for example, is using it to build the internet.org in different languages.”
Florian Dorfbauer Oct 31, 2018 ▶ 2:44 1194 Screenrecord Testing Tool Hits $1m+ in ARR, Under 2% Logo Churn Monthly
Disclosure
Hubstaff failed to scale paid ads despite hiring five consultants
“We've tried everything. It seems like we've tried everything. I've tried about five different consultants. We've tried Facebook. We've tried AdWords and you know, it's not like things are terrible. It's just their channel. We have not been able to scale anythi…”
Dave Nevogt Oct 28, 2018 ▶ 3:23 1191 How Bootstrapped Time Tracking CEO Drives 100% yoy Growth, $3.8m in ARR
Assertion Not checkable as stated
Kakkar: RankWatch pays $1,100 to $1,200 per customer acquired via Facebook
“We end up paying around 11, 1200 dollars to acquire, which is quite high, I feel. Because our other means of acquisition are really low. Like the cost is really low over there.”
Vaibhav Kakkar Aug 30, 2018 ▶ 13:48 1132 How He Plans to Take on Moz, SEMRush, with 1500 customers, $180k MRR
Disclosure
Lemieux: Attentive.ly raised too little money to withstand platform API changes
“One of them is we raised too little money. And when we had a, you know, six month period where MailChimp changed their API and Facebook completely where you're at their API and full content, like every tool that we used that sucked up all our dev resources, an…”
Roz Lemieux May 30, 2018 ▶ 8:56 1040 To Get Rich, Don't Need $1b Exit, She Has 4 Exits Across 10 Companies
Assertion Not checkable as stated
ShareThru generated hundreds of thousands in revenue before incorporating
“Yeah, we probably generated a few 100,000 in revenue before we incorporated and put it all back into business to fund it originally.”
Dan Greenberg May 18, 2018 ▶ 14:39 1028 Advertisers Put $250m Through Him Last Year As Top Google, Facebook Alternative
Assertion Not checkable as stated
Stevenson: Chatmatic has connected bots to about 44,000 fan pages
“The good news is, you know, we're right now with 2000 ish customers, somewhere around that that, not that line. We've had bots connected to, I believe right now about 44,000 fan pages.”
Travis Stevenson May 1, 2018 ▶ 14:03 1011 How He Drove $1.4m in ChatBot PreSales
Assertion Not checkable as stated
Blachman: Facebook is Tophatter's largest and most efficient acquisition channel
“So our biggest channel is Facebook. Because again, what we do is a hundred percent mobile and Facebook is the best, most efficient channel to acquire users for us.”
Andrew Blachman Dec 26, 2017 ▶ 7:43 885 Auction Marketplace will Sell $500m This Year, Takes 25% As Revenue
Disclosure
Lugacci: Paymo completely avoids advertising on Facebook
“Yeah, we don't advertise on Facebook at all.”
Jan Lugacci Dec 9, 2017 ▶ 9:54 868 SaaS: The Argument for Spending 100% LTV on CAC
Disclosure
daPulse Built a Proprietary BI Tool for Campaign-Level ROI Tracking
“We developed our own BI tool that is called Big Brain. Big Brain, yeah, it's like a really good name for a BI system. I like it. And it has every cent we spend, and every cent that goes in, we hook up to the API of Facebook and Google, and really, we know on t…”
Roy Mann Nov 18, 2017 ▶ 9:06 847: SaaS: How DaPulse has 3x'ed Revenue YoY
Assertion Not checkable as stated
Serpstat cut Google ad spend by 80% using proprietary web analytics
“We spent near 10,000 dollars per month to Google AdWords, and then we created very interesting system for web analytics and we cut 80% of our spends. So we spent right now only 2000 dollars per month and save this almost everything that we got from the Google …”
Artem Borodatyuk Nov 13, 2017 ▶ 14:18 842: SaaS: Ukraine SEO Tool 3x MRR yoy from $20k July 2016 to $70k July 2017
Assertion Not checkable as stated
March: Some Conversocial clients have 200 to 300 agents dedicated to social care
“Some of our customers do have that many customers, that many agents just doing customer service through Facebook and Twitter, like not even considering the rest of the contact center.”
Josh March Nov 1, 2017 ▶ 11:33 830: SaaS: With $20m Raised, $10m+ ARR, He's For Enterprise Customer Management on Social Media
Assertion Not checkable as stated
Mori spends roughly $50,000 monthly on paid social media ads
“I think last month it was around 50,000 dollars, I would say. A large portion of that is on social media advertising. Facebook and Instagram are where we're particularly strong”
Cam Miller Jul 24, 2017 ▶ 15:56 730: How Two JP Morgan Men Sell $600k+ In Baby Clothes
Assertion Not checkable as stated
Wille: Klipfolio spends roughly $120k monthly on digital advertising
“So we've upped it to about a 120,000 per month.”
Allan Wille Jul 4, 2017 ▶ 14:34 710: How This SaaS Company is Using $20 Million to Scale
Assertion Not checkable as stated
The Muse serves over 600 companies including Facebook, Slack, and HBO
“And then on the other side, we have over 600 companies From Facebook, Dropbox, Slack, to HBO, Goldman Sachs, Marriott businesses large and small, and we help them with hiring and employer branding.”
Catherine Minshew Jun 26, 2017 ▶ 1:59 702: With $5k Left in Her Bank TheMuse Was Launched, 50m Visit Annually and 600 Companies Pay
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
Disclosure
Ozen: Vistar Media takes zero inventory risk through real-time buying
“We don't actually really ever have risk on the inventory because the system is a real time system. So with other media like Google and Facebook where you have real time buying of ad inventory, our system operates the same way. So we don't actually buy it up fr…”
Jeremy Ozen Jun 11, 2017 ▶ 2:18 687: Monaco Bored Him, Now Places Ads on DIgital Billboards with VistarMedia CEO Jeremy Ozen
Assertion Not checkable as stated
Crema.co Spends $20 to $25 to Acquire a First-Time Subscriber
“It costs us around five dollars to get someone to create an account on Crema. And then it's costing between 20 and 25 dollars to convert them to a first time subscriber.”
Tyler Tate Apr 29, 2017 ▶ 16:02 644: Tech CEO Takes on Coffee, $325k Raised, $17k in GMV in Jan 2017 Helping 750 Buyers Find Their Coffee with Crema.co CEO Tyler Tate
Disclosure
Sowden: Redbrick spends $30k monthly on Facebook, committed to $1M quarterly
“We are currently spending probably 30,000 dollars but we've got a commitment to grow to a million dollars in a quarter.”
Tobin Sowden Apr 24, 2017 ▶ 6:39 639: Fastest Growing Canadian Software Company: $200k to $20M in Revenue from 2010 to 2015 with CEO Tobyn Sowden
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