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 7 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
Singh: Burger King is PAR Technology's largest deal
“Our largest deal is Burger King, but we're just starting to roll them out.”
Singh: PAR had under $10M on balance sheet as public company in 2018
“We have less than ten million dollars on the balance sheet, and we're a public company, which is kind of crazy.”
Singh: Punchh Had $30M Revenue and Better Retention Than PAR
“We bought another thirty million dollar business for five hundred million dollars that was growing faster, had better retention, and for 25% of our value. So it's like a great deal.”
Singh: Two activist hedge funds targeted PAR to force sale in 2018
“We had two activist hedge funds come in trying to sell the company, and so I was like, let's sell the company.”
Singh: PAR Raised $80M Convertible Debt on ~$200M Market Cap
“To give you an example, you know, the market cap of the company when we took over was a couple hundred million dollars. Our first financing was eighty million dollars. That's very hard to do privately in a convert,”