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 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

Assertion Contradicted
Harzvi: Israel Is World's Second-Largest Startup Ecosystem After US
“So actually the ecosystem in Israel is the second largest in the world after, after the U S in both terms of number of startups. And also in the number of investments being made here.”
Gal Harzvi Jan 20, 2017 ▶ 10:01 EP 545: Unomy Raises $3.4M, $160k MRR Helping Businesses Get Leads with CEO Gal Harzvi
Assertion Contradicted
Vora: Uninstall.io was the first to tackle mobile app churn
“We were the world's first company to tackle and help mobile app companies solve the problem of churn or retention.”
Pritesh Vora Dec 7, 2016 ▶ 2:24 EP 501: Track Uninstalls with $325k in Funding, 15 Customers, with CEO Pritesh Vora of Uninstall.io
Assertion Contradicted
Top 5% of real estate agents earn 90% of commission income
“It's super Pareto inefficient. The top five percent earned 90%.”
Tommy Sowers Nov 26, 2016 ▶ 3:25 EP 490: GoldenKey $3.4M Raised, 1000 Units Sold By Agents Using New Technology with CEO Tommy Sowers
Assertion Contradicted
Brusnicki: Professional managers oversee 55% of all vacation homes globally
“These vacation rental management companies make up 55% of all of the vacation homes you would think about in, in the world.”
Chris Brusnicki Nov 11, 2016 ▶ 2:50 EP 475: VayStays Helps 150,000+ Quickly Plan Vacations, $5M In TTM Transaction Volume with CEO Chris Brusznicki
Prediction Didn’t hold up
Latka: I will take Send Later public by age 30
“I will build, send later, and do a big business, and I will take it public by the time I turn 30.”
Nathan Latka Oct 1, 2016 ▶ 1:16 EP 435: Consultant does BIG league $600k Last Year, Now Has Unique Model and Coffee with Brad Costanzo
Assertion Contradicted
Fuentes: Proven is the only app allowing mobile job posting
“And we're the only app and the app store that allows you to post jobs directly from your phone.”
Pablo Fuentes Sep 23, 2016 ▶ 2:41 EP 426: 1500 Customers and Profitable, $5.5M Raised with Pablo Fuentes of Proven.com
Assertion Contradicted
Elkaim: YouTube does not charge for ad clicks under 30 seconds
“And then right there in the first five to 10 seconds, I'm making that call to action because we know if we can get people to click off the video before 30 seconds, you don't actually pay for the click on YouTube.”
Yuri Elkaim Sep 22, 2016 ▶ 16:44 EP 425: $300k Webinar Sales Funnel Like You've Never Seen with Yuri Elkhaim
Prediction Didn’t hold up
Latka: I will take Send Later public by age 30
“I will build, send later, and do a big business, and I will take it public by the time I turn 30.”
Nathan Latka Sep 20, 2016 ▶ 1:17 EP 423: Nigeria Agency Business $230k 2015, $1M+ 2016, 17 Employees and Growing Fast with Johnson Emmanuel
Prediction Didn’t hold up
Latka: Send Later will go public before he turns 30
“I'm taking Send Later public by the time I turn 30.”
Nathan Latka Sep 9, 2016 ▶ 1:15 EP 412: 5 Kids, $5 Million 2015 Agency Revenue With Joe Apfelbaum of AjaxUnion
Prediction Didn’t hold up
Nathan Latka Predicts He Will Take Send Later Public By Age 30
“I'm taking Send Later public by the time I turn 30.”
Nathan Latka Sep 3, 2016 ▶ 1:15 EP 406: The Ad Genius Behind Amy Porterfield and Melanie Duncan with Chris Evans of Traffic and Funnels
Prediction Didn’t hold up
Gillen is targeting a $150M valuation or a 10x exit multiple
“I'm going for 10 times.”
Jonathan Gillen Jul 23, 2016 ▶ 13:59 Ep 364: $300,000 Per Year Worth $15 Million?
Assertion Contradicted
The digital billboard industry is growing revenue by about 35% annually
“I don't think it's going to, you know, I don't think the industry is going to fold by any means. It's growing by about 35% per year.”
Douglas Lusted Jul 22, 2016 ▶ 9:47 EP 363: Google AdSense for Physical BillBoards Does $250k with Douglas Lusted
Assertion Contradicted
Ducey: 'Into the Wind' is required curriculum in some LA school districts
“Yeah, I make more money still off Into the Wind than the other one, because Into the Wind, that's the self-published, is now required curriculum in school districts in, in Los Angeles, not in all of them, but in some of them, so I make more off that.”
Jake Ducey Jun 22, 2016 ▶ 12:04 EP 310: You Won't Believe How Many Books This 24 Year Old Has Sold
Assertion Contradicted
Ruhlin: WSJ bestseller list requires 7,000 to 10,000 sales in a single week
“Depending upon how you, it all has to hit during the same week and whatever else, but I would say seven to 10,000 copies. Ironically, it's not as many as most people think that it is.”
John Ruhlin Jun 21, 2016 ▶ 13:17 He's Sold The Most CutCo Knives Ever, EP 308: John Ruhlin
Assertion Contradicted
Latka: PayPal began as an online community for eBay sellers
“Look at PayPal started as a community for eBay sellers. I mean, every big business start off as a, like a forum or community of somehow, some kind.”
Nathan Latka Jun 15, 2016 ▶ 19:09 She Quit Podcasting Now Does $30k/mo Membership Site, EP 290: Jill Stanton
Assertion Contradicted
Combat Flip Flops pays a 17% tariff on Afghan imports
“I pay a 17% tariffs on all my products that I bring in.”
Matt Griffin Apr 18, 2016 ▶ 6:48 Veteran and CEO Says Business, Not Bullets, Key To Winning Afghan War with Matt Griffin of CombatFlipFlops EP 242
Assertion Contradicted
Adams: Elite Daily generated around $20M in revenue in 2015
“It would be around twenty million.”
Gerard Adams Apr 6, 2016 ▶ 3:46 0 to 80m Monthly Unique Website Views and Millions in Revenue by 31 with Gerard Adams of Elite Daily EP 228
Prediction Didn’t hold up
Bruce: Cirrus Insight targets finishing 2016 at a $15M to $20M run rate
“We've set our sights on doing, you know, about sixteen million in bookings or so. So oftentimes we'll, we'll, we'll look at top line bookings for the sales team. So trying to get those deals in the door, some of them may be multi-year but we love those all the…”
Brandon Bruce Apr 4, 2016 ▶ 15:17 Cirrus Insight Is Doing $640k in MRR (Dec 2015) With Much Bigger Plans EP 226
Assertion Contradicted
Campbell: Hiring for an $80,000 job costs $26,000 before training
“We found that the cost of hiring somebody for a 60,000 dollars, sorry, an 80,000 dollar a year job in this country had ballooned to 26,000 dollars in cost before they trained them.”
Lane Campbell Apr 2, 2016 ▶ 11:24 Sold 5 Companies Before Age of 30, Now Side Stream Income is $500k/Year with Lane Campbell EP 218
Prediction Didn’t hold up
Gillon predicts Roost's $2M seed round will price at $8M-$9M pre-money
“We, we're looking for a lead investor right now, but if I were to see the future, I'd say about eight or nine million.”
John Gillen Mar 10, 2016 ▶ 7:57 Growing to $50k/mo with Roost CEO Jon Gillon Ep 202
Assertion Contradicted
Adams: Rumber is the only company in the world manufacturing recycled composite boards
“We can't go hire someone to do this because we're the only one in the world doing this.”
Brian Adams Mar 8, 2016 ▶ 7:19 30,000 Pounds Per Day, Efficiency Machine Did $7m Last Year on Industrial Planks with Brian Adams of Rumber.com EP 196
Prediction Didn’t hold up
Fuller: PandaDoc targets $10 million in ARR by December 2016
“Ten million.”
Jared Fuller Mar 7, 2016 ▶ 15:27 How To Grow a $10 Million Annual Recurring Revenue SaaS Business Jared Fuller Episode 193
Prediction Didn’t hold up
Nathan Latka predicts he will raise $15 million on Kickstarter by 2018
“Within two years, I'm going to do something on Kickstarter and it will raise fifteen million dollars.”
Nathan Latka Feb 8, 2016 ▶ 19:31 People Hire Him Behind The Scenes to Launch Their Crowdfunding Campaigns, $40m Raised with Zach Smith of Funded Today
Prediction Didn’t hold up
Bellows aims for Yesware to hit a $30M ARR by end of 2016
“I would like to end the year at about a thirty million dollar run rate.”
Matthew Bellows Feb 5, 2016 ▶ 17:26 Yesware Aims for $30m in 2016 with Matthew Bellows of Yesware
Assertion Contradicted
O'Hara: BatchBook pioneered unlimited-user pricing in small business CRM
“And we were the first ones that said, you know what? Why should small businesses have to pay to get another employee in on that conversation that that team is having with the customer?”
Pam O'Hara Jan 24, 2016 ▶ 7:29 How To Get 10,000 Customers for Your SaaS Business with Pam OHara of BatchBook
Prediction Didn’t hold up
Bluford: QuickLegal will be on the ABA Journal cover in Q1
“Yeah, so our first quarter, we're gonna be on the cover of the National ABA Journal, and that goes to about 1.2 million attorneys”
Derek Bluford Jan 20, 2016 ▶ 10:55 Why You Should Turn Down a $14m Acquisition Offer with Derek Bluford of QuickLegal
Assertion Contradicted
Jain: Indian Mutual Funds Collect Monthly SIP Payments Inside Email
“I mean, we have companies in India for mutual funds collecting those what they call SIP in India, systematic monthly payments for funds. All of that's now happening inside email.”
Rajesh Jain Dec 24, 2024 ▶ 13:33 Private, Bootstrapped, & Profitable: How Rajesh Jain Scaled to Over $100M As a Solo Founder
Assertion Contradicted
Savneet Singh: Casey's is the world's fourth largest pizza company
“Casey's is a large public company, sells convenience stores all across the country. They're also the fourth largest pizza company in the world.”
Savneet Singh Jul 23, 2024 ▶ 14:01 39 Year Old Public SaaS CEO Doubles Revenue to $400m Over the Last 24 Months - His Genius M&A Playbook
Assertion Contradicted
Singh: PAR was spending 100% of revenue on R&D
“PAR was a real mess. We had to completely rebuild our product. We were spending a hundred percent of our revenue on R&D.”
Savneet Singh Jul 23, 2024 ▶ 17:00 39 Year Old Public SaaS CEO Doubles Revenue to $400m Over the Last 24 Months - His Genius M&A Playbook
Assertion Contradicted
Martin: Bootstrapped SaaS Median Growth Rate Is 28.5% From $3M-$20M ARR
“Bootstrap SaaS medium growth rate is 28.5% from three to twenty million ARR.”
Liam Martin May 16, 2024 ▶ 1:38 13 Lessons I Learned Bootstrapping to $20m in Revenues
Assertion Contradicted
Latka: Nellemans raised $20M and built a $70M startup at 19
“He's raised twenty million bucks for his startups and built a seventy million startup at 19.”
Nathan Latka Aug 23, 2023 ▶ 1:12 Proof you don't need a new idea, just better execution. Firm hits 160 customers, $25k MRR
Assertion Contradicted
Rike: Median New Customer CAC Ratio Is $1.58
“New looks at how much sales and marketing expense did I invest to pursue new customer logos and ARR from those new customers. So you see it's much higher. It's a dollar 58. Because it's harder to grow ARR from new customers.”
Ray Rike Jun 19, 2023 ▶ 11:42 Top 5 SaaS Performance & Revenue Efficiency Metrics that Matter in 2023
Assertion Contradicted
Hurt: Bazaarvoice had a $1B+ IPO, ranked top five in 2012
“But it was two years before bizarre voice went public and bizarre voices over a billion dollar IPO and one of the top five IPOs of 2012.”
Brett Hurt Jun 6, 2023 ▶ 8:01 How Investors Bought 50% of Data.World with 2.1m free users, accounts at 31k paid seats
Prediction Didn’t hold up
Garcia: Solides is targeting an IPO in roughly three years
“Maybe in three years, we are trying to build a solid business to offer this in the public market.”
Alessandro Garcia Apr 7, 2023 ▶ 12:49 Rippling of Brazil Solides Hit $35m ARR up from $15m ARR and Raised $100m at a $800m Valuation
Assertion Contradicted
Naluichi: Jellify reached $10 million in revenue by late 2019
“It was two years after launch. That was the company after the starting of the company late 2019, 2019, ten million. We start the company in November, 20 17. And so late 20 19 was around ten million.”
Fabio Naluichi Apr 3, 2023 ▶ 12:16 $100m All Cash Exit, Bootstrapped. Now $50m in ARR growing 100% YoY
Assertion Contradicted
Experiential ETC was the first contestant on Shark Tank India
“We were also the first contestant on the Indian version of Shark Tank.”
Karan Bhardwaj Feb 28, 2023 ▶ 12:09 Is $200k on $6m valuation too rich for this tool that helps Retailers heat map and launch promotions in their stores?
Assertion Contradicted
Lempiäinen: GeekLab is currently a profitable business
“We are profitable business.”
Jesse Lempiäinen Feb 20, 2023 ▶ 12:25 $720k in ARR SaaS Raising at $12m Valuation Right Now for App Install SaaS
Assertion Contradicted
Adam Stone: Speedlancer was likely the first verticalized freelance marketplace after Fiverr
“And in 2015, there was no verticalized freelancing marketplaces. We were probably the first one after Fiverr, I guess, if you count them as verticalized.”
Adam Stone Feb 17, 2023 ▶ 2:08 $1m Raised, 800 Users, Here's how he's launching pricing
Assertion Contradicted
Haaland: SalesScreen is at around $8M in revenue
“Yeah, we're a little bit well, around eight million dollars.”
Sindre Haaland Feb 9, 2023 ▶ 9:13 How He Hit $8m Revenue By Losing Customers Last 12 months, and doubling ARPU
Prediction Didn’t hold up
Free D Group aims to IPO its travel unit at $250M+ valuation
“So for that particular entity, we're aiming to IPO in 24. So hopefully that actually gave us a but minimal IPO. We're looking at two hundred fifty million at least the evaluation.”
Abel Zhao Jan 20, 2023 ▶ 15:46 Bootstrapped to $35m Revenue, $15m recurring, $20m One Time Connecting Smart cities in Japan with local farmers
Assertion Contradicted
QCC reached $100M ARR with only 200 full-time employees
“200 people.”
Zong Pang Jan 18, 2023 ▶ 20:17 He hit $100m Revenue, Built the Zoominfo of China, then quit last month. What happened?
Assertion Contradicted
Yunus: vFairs ranked number one on G2 and Capterra for 12 quarters
“Whether it's on G two or Captera, we'll be ranked number one for almost 12 quarters in a row now.”
Muhammad Younas Oct 7, 2022 ▶ 15:17 Copy vFairs Used to Get 1,000+ G2 Reviews and $30M ARR without hiring any outbound sales team
Assertion Contradicted
Latka: Most founders sell 10% to 15% equity in Series A
“Most people in their series A these days, you know, they're selling between 10 and 15% of the business.”
Nathan Latka Jul 22, 2022 ▶ 9:46 Clientpoint Breaks $3m ARR, Raising $5m on $45m Valuation now
Assertion Contradicted
Wingo: ChannelAdvisor reached 1,000 employees at $100M SaaS revenue
“Channel advisor got to be a thousand people at a hundred million SAS.”
Scott Wingo Jul 21, 2022 ▶ 12:47 Spiffy Hits $50m Revenue Cleaning Cars with automated software stack and 280 vehicle cleaning fleet
Prediction Didn’t hold up
Merkley: Datalab hopes to reach 50 million in revenue in 2-3 years
“So we hope that we'll be getting the 50 in probably two to three years.”
Andre Merkley Jul 9, 2022 ▶ 2:53 DataLab Hits $15m Revenue Charging Farmers Price Per Cow, Largest ACV $100,000
Assertion Contradicted
Pumfleet: Cal.com Converts Roughly 10% of Users to Paid Accounts
“I believe paid conversion is somewhere around the 10% mark, which tends to be in line with, you know, general SaaS companies, because obviously half of these free accounts, you know, people sign up for it and forgot it, or they were spam or something like that…”
Bailey Pumfleet Jun 23, 2022 ▶ 14:15 18 year old raises $32m to build opensource version of Calendly
Assertion Contradicted
Freary: Most small merchants in Brazil operate completely offline
“Most of the merchants, the small entrepreneurs in Brazil are 100% offline.”
Guy Freary Jun 8, 2022 ▶ 1:49 This SaaS makes sure your gas station doesnt' run out of chargers. You won't believe their revenue.
Assertion Contradicted
Milich: Skiff utilizes zero client-side tracking
“So like, there's no client side tracking, anything like that.”
Andrew Milich May 15, 2022 ▶ 11:25 Skiff is Privacy Focused Notion, Breaks $60m Valuation, 10k MAU's
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