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 13 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

Prediction Not checkable as stated
Crypto tokens typically surge 20% to 30% upon a Coinbase listing
“If a coin gets listed on Coinbase, you know, it's probably going to go up to 20 or 30%.”
Ben Latz Aug 27, 2020 ▶ 9:37 Wingman Hits $6k MRR, 24 Y.O Uses to Track Option Trades
Assertion Not checkable as stated
The Tie's tool drives approximately 50% of breaking news in crypto
“Currently it's driving about 50% of breaking news in crypto comes from our tool.”
Ben Latz Aug 27, 2020 ▶ 13:47 Wingman Hits $6k MRR, 24 Y.O Uses to Track Option Trades
Disclosure
Latz would sell Wingman for $500,000 to take risk off the table
“If today, right now, if I was able to take all the risk off the table, you know, looking at something like 500,000, which I know is a high multiple to me, that would be like a reasonable number or where I say, okay.”
Ben Latz Aug 27, 2020 ▶ 22:40 Wingman Hits $6k MRR, 24 Y.O Uses to Track Option Trades
Assertion Contradicted
Brokerages give retail options traders no performance data beyond YTD P&L
“These options traders who are individuals they're given no data from their brokerage firms about their trading and their performance and analysis besides a single PNL number year to date.”
Ben Latz Aug 27, 2020 ▶ 3:00 Wingman Hits $6k MRR, 24 Y.O Uses to Track Option Trades
Assertion Not checkable as stated
Wingman generates roughly $6,000 in MRR with $49 per month pricing
“So the introductory price was 25 a month and just out of respect to people who sort of latched on early, you know, I'm happy to carry them forward. But yeah, right now it's just a 49 dollar tier or four 90 for the year. And yeah, so it's currently about 6000 M…”
Ben Latz Aug 27, 2020 ▶ 5:42 Wingman Hits $6k MRR, 24 Y.O Uses to Track Option Trades
Assertion Supported
The Tie leverages Twitter's firehose to calculate real-time crypto sentiment
“We're an official Twitter partner. So we leverage their fire hose and calculate real time investor sentiment on, you know, hundreds of cryptocurrencies. And we feed that we sell APIs to hedge funds and other market participants.”
Ben Latz Aug 27, 2020 ▶ 7:08 Wingman Hits $6k MRR, 24 Y.O Uses to Track Option Trades
Disclosure
The Tie traded equity to SSI in exchange for discounted engineering rates
“We have sort of an in-kind arrangement where they're providing, you know, discounted rates as in exchange for some equity in the company.”
Ben Latz Aug 27, 2020 ▶ 10:38 Wingman Hits $6k MRR, 24 Y.O Uses to Track Option Trades
Assertion Not checkable as stated
The Tie generates monthly revenue well above its cash burn
“I mean, we are well above our cash burn per month.”
Ben Latz Aug 27, 2020 ▶ 14:42 Wingman Hits $6k MRR, 24 Y.O Uses to Track Option Trades
Disclosure
The Tie holds exclusive crypto rights to SMA and ROI technology
“Sort of the relationships we have in place and the exclusivity deals that we have, in a sense, don't even allow any other company to access either the sentiment technology or the SIG dev technology unless they come through us. So we have exclusive access to bo…”
Ben Latz Aug 27, 2020 ▶ 17:09 Wingman Hits $6k MRR, 24 Y.O Uses to Track Option Trades
Assertion Not checkable as stated
Wingman grows roughly 10% month-over-month purely through word-of-mouth
“From word of mouth, it's growing about 10% month over month.”
Ben Latz Aug 27, 2020 ▶ 21:59 Wingman Hits $6k MRR, 24 Y.O Uses to Track Option Trades
Disclosure
Latz spends one to two hours daily running Wingman as a side project
“Definitely The Tie. So that's my full-time focus, but you know, spending an hour or two a day on Wingman treating it more as a side project now that it's pretty developed.”
Ben Latz Aug 27, 2020 ▶ 2:02 Wingman Hits $6k MRR, 24 Y.O Uses to Track Option Trades
Assertion Not checkable as stated
Wingman reaches 180 paying customers and 80 active free trials
“Right now there's a 180 paying customers and about 80 people on their free trial.”
Ben Latz Aug 27, 2020 ▶ 5:29 Wingman Hits $6k MRR, 24 Y.O Uses to Track Option Trades
Disclosure
Latz holds less than 20% equity in The Tie after strategic partnerships
“Yeah. Yeah, and we just have, we have really strategic partners, and so that, the cap table has been divvied up among them, which allows us to access all this technology without significant development cost.”
Ben Latz Aug 27, 2020 ▶ 15:23 Wingman Hits $6k MRR, 24 Y.O Uses to Track Option Trades
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