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 487 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
Zendesk Holds Over 20% Market Share in Help Desk Software
“I think if you take revenue, for example, like Zendesk and help desk space has 20 plus percent of the market share.”
Purwar: 2021 California wildfires affected 40x more homes than prior decade combined
“I mean, even like, for instance, home insurances in the year, 20, 21, the forest fires in California affected 40 times more houses than the last 10 years of fires combined.”
Arasolov: Welp is the only provider in its space offering on-premise software
“We offer on-premise, and we are the only one in the, in this space offering on-premise.”
De la Nuez estimates Hotjar's revenue was $10M to $20M
“Based on what I knew and the fact that a hot jar was much more focused on SMB, you know, I think they probably were somewhere in the 10 to twenty million is my guess.”
Neil Parak: Franchise cleaning companies typically trade at 6x to 8x EBITDA
“So franchise cleaning companies trade at anywhere between like typically in normal times, six to eight times EBITDA.”
Chen: Testimonial.to will reach multi-million dollar scale in 3-5 years
“I have confidence that I bring testimony to multimillion dollars in next, you know, I would say three to five years.”
Mathrubootham: No Indian software product company has completed an IPO
“There has been no product company from India that is actually IPO.”
Call center reps using predictive dialers call over 1,000 names daily
“An average call center rep on a predictive dialer is probably going to go through about a thousand plus names in a day.”
Renan de Villa: Manufacturing software is a $400B+ global market
“And it's a massive space. It's more than four hundred billion world, like just software from manufacturing companies.”
Sulekha predicts $40M to $50M revenue upon 2023 US events recovery
“So that market has come to a complete freeze. So we are expecting that in the year, 20, 23 was when we will get get that market back. And once we get that market back, we'll be able to hint the numbers that you're talking about.”
Crowley: Crowley Carbon offset CO2 equivalent to all of Dublin
“A couple of years ago, and I've stopped looking a couple of years ago, it was the same amount of CO two as all of Dublin, which is the capital of Ireland uses.”
Events.com has raised over $50M and is closing a $70M+ total round
“We've raised over fifty million and we're about to announce a round that takes us over seventy million and that includes the acquisitions.”
Thrower: COVID-19 caused a $3B drop in event management software
“You know, there's three billion dollar drop out of the event management software business.”
PostoPlan was first platform worldwide to launch WhatsApp scheduling
“So we are, like, first one in the world, service like that, that invented, like, launched WhatsApp. To schedule messages on WhatsApp.”
Armbrust: Mask manufacturing in China was not fully automated before pandemic
“None of this before the pandemic was fully automated.”
EssayJack expects its seed round to price at an $8M pre-money valuation
“Yeah, so it'll, to be honest, it'll probably be in the ballpark of around an eight million USD, you know, give or take.”
BugSense was the second most-used mobile analytics platform behind Google
“We had, we were the second most useful, second most used platform after Google analytics and Google reporting, but we saw that we're getting squeezed out and our goal was to go after the big customers, which were more difficult.”
Lewis: Mycroft Mark II Won't Ship Until Q2 or Q3 2021
“We're not due to really ship it, I think, until the second or third quarter next year. That's, I think, our realistic timeline.”
Schroeder: InChord sold to Washington Redskins owner Dan Snyder for 'ungodly' sum
“Well, it sold in 2001, 2002. It sold to a guy named Dan Snyder who owned the Washington Redskins and had made an ungodly amount of money which is why he owns the Redskins in in the, in a, I think a pharmaceutical sales outsource sales organization or something…”
GitLab is growing top-line revenue at 140% year-over-year
“I think last time we talked, we were closer to 200%. And I think we're at 1:40 today.”
German Finance Laws Prevent Pure SaaS Identity Solutions Due to Data Residency
“Because you might be in Germany and German finance laws require that customer data is housed in Germany. So a pure SaaS play just, it won't work.”
Walker: Previous 30 SaaS IPOs averaged 28-32% growth pre-IPO
“If you look at the last, you know, last 30 SaaS IPOs.
I think other than, you know, other than Zoom, which is the world's greatest IPO in the history of the Valley, I think anything like, you know, they're averaging around 30, 28, 30, 32% going into an IPO.”
Lynn: Masterworks is first to fractionalize fine art ownership
“So we, so we're really the first company to fractalize ownership in great works of art.”
80% of Festival Ticket Inventory Goes Unsold Across the Industry
“However, if you look at the collection of thousands of festivals, 80% of them go unsold.”
Zafar: TeleSense is First to Bring AI and Wireless Sensors to Grain
“So we decided to apply that to the grain industry and we are sort of the first one to get there.”
Latka: US government made $66B in profit from 2008 TARP bailouts
“Not only was that it was about four and forty billion distributed for, you know, around the tarp period. Not only was it paid back, but they made about, you know, sixty six billion in profits because they bought a lot of these bank stocks low, sold them high, …”
Yanowitz: One-third of US apartment renters did not pay March 2020 rent
“33% of US apartment renters didn't pay
Their April rent, or excuse me, didn't pay their March rent, right?”
Abbott: North American product fundraising is a $20B industry
“To completely automate this product fundraising business, which is about a two, a twenty billion dollar industry in North America.”
Parsons: Palo Alto Software targets $50M ARR within five years
“So, 50 but that, it's not just live plan, that's adding this outpost product to it, and that's, you know, the five-year goal, my big stretch goal, that's where I would like us to be.”
Google's EMEA VP Ronan Harris joined Kumo's board
“The MD of Google for Europe. It's just joined our board as well. And VP of Mia, Ronan Harris.”
Hall: Top five travel management companies control over $100B in event spend
“As an example, the top five travel management companies of the world, Control over a hundred billion dollars worth of meetings and events spend because they already service the travel market for those big, large corporate customers.”
Darlison: Rise Vision launched the first digital signage SaaS product
“And we were in the, our industry, we were the first to offer a SaaS product in 2000 10 or earlier, I believe.”
Palmerino: Botkeeper guarantees 30% savings on bookkeeping costs
“So it's literally just anyone that needs bookkeeping, you could switch to Botkeeper and we guarantee save you 30% on what you're spending.”
Lu Zhang: Fusion Fund's GrubMarket investment is up over 100x
“That company, I think the valuation goes up more than a hundred times.”
Rosenshine: Mobile and tablet traffic surpasses desktop on B2B websites
“You'd actually be surprised at how much the mobile share of traffic has grown and it's nearly it's nearly equivalent to the desktop traffic on, and actually it's even surpassing it if we take tablets into account. Even on B to B websites that, you know, the tr…”
Orbiter expects to receive at least $100k for its non-profit pivot
“We're going to be getting access to at least a hundred grand off the bat”
Paknad joined PSS Systems when it had raised $60M without a product
“I started in 2003. The company had raised sixty million bucks and had nothing to go to market with.”
Americans will receive over 40 billion customer surveys in 2019
“Like, you know, Americans this year will get over forty billion surveys and they all look like you're taking the SAT test.”
Typical Colorado Series A rounds are $3M on $8M pre-money valuations
“I think in Colorado, we typically, and I'm just saying this based on people I've known raises that they've done. We're typically seeing three on eight.”
Klein: Average CRM customer lifetime across the industry is roughly 28 months
“The average customer lifetime in the CRM business is about 28 months, believe it or not.”
Mathrubootham: No Indian tech product company has completed an IPO
“There has been no product company from India that is actually IPO.”
Brewer predicts 2019 will be a hotbed for mortgage industry M&A
“This year is, is going to be a hotbed of merger and acquisition activity.”
Birdzell: 90% of upstream spend is within 60 days of drilling
“Right, and 90% of that five hundred billion is spent 30 days pre-drilled to 30 days post-drilled.”
Cloudability plans to IPO by 2023 to become a consolidation platform
“So sometime in the next five years or mature, we will probably be an IPO. We can use our currency to combine or join a combined entity and go out there and just become something akin to a new version of Cisco or SAP.”
Kidron: Oramed will have 90-day oral insulin trial results by August 2019
“And in about 10 months from now, we're going to have the most important milestone in our history. We're going to have the result of a ninety-day trial when we administer oral insulin, and that's going to be a very, or the most clear-cut indication as to the va…”