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 15 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 Supported
Reviews.io was one of only five original Google Seller Ratings partners
“So if you wanted your rating to show up on your Google Ads, gold stars next to your ads, you had to work with one of the Google Seller Ratings partners, and we were one of those partners. Now, originally, there was only about five partners.”
Callum McKeefery Nov 26, 2025 ▶ 12:05 Bootstrapped to $82M: How Callum Mckeefery Built Reviews.io from His Kitchen Table
Insight
D'Souza: Cold outreach remains underutilized because SMBs find setup too complex
“Cold outreach itself, though we think it's a very saturated space, it's still pretty new out there. A lot of businesses still don't use cold outreach because Using Google ads, using Facebook ads is pretty simple for SMB. Cold outreach still feels like rocket s…”
Alan D'Souza Jun 18, 2025 ▶ 7:11 How I Built It: $6M/Year Email AI Platform (Bootstrapped)
Disclosure
Chanty avoids paid advertising because unit economics do not work, says Okunyev
“No. in my opinion, the math barely fits here for us.”
Dmitry Okunev Jan 23, 2024 ▶ 23:26 How to Make $3m Building a Slack Clone with no money, experience, or sales team
Assertion Not checkable as stated
VC Competitors Drove Call Tracking CPCs From $8 to $120 Within a Year
“The impression share drops to 28%, and this is where we felt the pressure of funding. The competitors decided they want to buy market share, and they just jacked up the cost per click for things like call tracking. So before, it was eight dollars for the top s…”
Michael Cooney Apr 30, 2022 ▶ 20:06 Bootstrapper killing his VC backed rivals who raised $500m+
Insight
Mehrguth: Google Ads offers search intent but lacks firmographic targeting
“The problem with Google ads is it has intent, but not firm graphics. And so what happens is it's very difficult to scale while controlling your life cycle stages down funnel.”
Garrett Mehrguth Nov 5, 2021 ▶ 3:03 Billion Dollar SaaS Founders Rely on This Secret Sales Strategy
Assertion Not checkable as stated
Lee: Bite Size SMS campaigns average a 6% reply rate
“So a good median percentage that you can gauge is six percent, which if you compare it to social media, it's a lot higher or any ads, Google ads, it's like more than 10 times higher.”
Jess Lee Aug 7, 2017 ▶ 7:23 744: Companies Pay Her $10-100k to Text Customers Funny Messages
Disclosure
Wing disabled website chat in India and the Philippines to cut waste
“We were able to basically understand, ok, we need to exclude India. We need to exclude the Philippines, ah, from our chat. So actually now when you're in those locations, our chat wouldn't even show up anymore. And we knew, ok, for our Google Ads, we need to m…”
Roland Polzin Jul 20, 2023 ▶ 13:27 How I leveraged marketing analytics to scale from $1M to $11M
Assertion Not checkable as stated
Support Ninja acquired its first BPO client using only Google Ads
“So Support Ninja started just as a website. I didn't do any investment other than I built a website and I put in some Google ads and we got our first customer, which ended up being this customer called Cleanify, which was this cleaning agent service nationwide…”
Cody McLain Oct 17, 2022 ▶ 17:59 How I bootstrapped to $20m in 5 years (and 3 growth channels I used to hit first 100 customers)
Assertion Not checkable as stated
Nandi: Hiver spends around $1,600 per customer acquired via Google
“We spend close to around around, around 1600 to get a customer from Google.”
Nitesh Nandi Jun 20, 2022 ▶ 7:32 $10m revenue founder uses debt to get leverage in $22m Series B for help desk software
Disclosure
Closet Tools spends $3,000 monthly on Google Ads
“I actually don't do a lot of tracking, but I do about three K and Google ads. So it's all those same keywords that I rank for SEO wise. I'm still, I'm doubling down on those and running ads on those too.”
Jordan O'Connor Aug 4, 2020 ▶ 12:01 Closet.Tools 1 Man Show, $250k Profits, $360k in Revenue, Wow!
Disclosure
Gerald: Apptivo spent zero on paid acquisition last month
“It's actually zero last month.”
Bastin Gerald Jan 2, 2018 ▶ 15:23 892 SaaS: How he Sold 80,000 Seats at $10 a pop
Disclosure
Fitbots skipped Google Ads for content-led lead generation due to budget constraints
“We actually didn't do Google ads at all. We didn't have the money at that point of time to spend on ads. So we just started building a lot of content led lead generation as an engine and in order to get leads.”
Vidya Santhanam Aug 21, 2022 ▶ 7:46 How she broke $25k MRR SaaS revenue by starting off as an OKR coach
Disclosure
Shalabi: IU Spent Around $500 on Google Ads Last Month
“I spent around 500 dollars.”
Ahmed Shalabi Aug 7, 2021 ▶ 5:58 Egypt Based Seafood Marketplace Launches, Does 70 Orders, Makes 15% Commission
Disclosure
WildJar spent $900 on Google and $500 each on Facebook and LinkedIn
“The month before we spent like 900 dollars on Google ads. It was about, so there's 500 dollars on Facebook and around the same on LinkedIn.”
James O'Neill Dec 16, 2020 ▶ 9:49 WIldJar Call Tracking, a 5 person $2m Revenue Business, wow!
Disclosure
MindMeister spends $20,000 to $30,000 per month on Google Ads
“It's probably not a lot in the whole thing. It's probably 20 to 30 K a month.”
Michael Hollauf Aug 26, 2016 ▶ 13:05 EP 398: 5 Million Users, $250k in MRR, SaaS Founder Michael Hollauf of MindMiester.com
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