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 14 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
Only 6% of Italian luxury retail transactions occur online
“Not to mention that only six percent on those transactions go online.”
Diego Abba Apr 6, 2016 ▶ 17:13 Italian Fashion Brand Doing $12m/Year In Transaction Volume EP 227
Assertion Contradicted
Activision generated $1B in five days during a Call of Duty launch
“The last one I received as an award was like, we did a billion in a few, in five days or something like that.”
Diego Abba Apr 6, 2016 ▶ 4:11 Italian Fashion Brand Doing $12m/Year In Transaction Volume EP 227
Assertion Contradicted
The global luxury apparel and accessories market is under $50B
“In apparel, so clothing and accessories, so bags and shoes, the global market is worth under fifty billion.”
Diego Abba Apr 6, 2016 ▶ 5:13 Italian Fashion Brand Doing $12m/Year In Transaction Volume EP 227
Disclosure
Italist surpassed $10 million in transaction volume in 2015
“In 2015, we passed we passed the first bar that is above the ten million”
Diego Abba Apr 6, 2016 ▶ 5:49 Italian Fashion Brand Doing $12m/Year In Transaction Volume EP 227
Prediction Not publicly verifiable
Italist targets passing $50M run rate by November 2016
“The objective is to go to November to pass the fifty million in annual run rate.”
Diego Abba Apr 6, 2016 ▶ 5:57 Italian Fashion Brand Doing $12m/Year In Transaction Volume EP 227
Disclosure
Italist takes a 20% to 30% cut on marketplace transactions
“I would say, let's say between 20 and 30.”
Diego Abba Apr 6, 2016 ▶ 7:52 Italian Fashion Brand Doing $12m/Year In Transaction Volume EP 227
Assertion Supported
Farfetch reached a $1B valuation on $300M to $400M in sales
“The valuation of Farfetch, that is a similar model. And they got their last round at the valuation of one billion and their total sales was around I would say 300 to four hundred million. In a year. Last year, in 2015, they got the last round of financing.”
Diego Abba Apr 6, 2016 ▶ 9:17 Italian Fashion Brand Doing $12m/Year In Transaction Volume EP 227
Assertion Not checkable as stated
Italist is operating at roughly breakeven
“Since we are more or less a break even already,”
Diego Abba Apr 6, 2016 ▶ 10:38 Italian Fashion Brand Doing $12m/Year In Transaction Volume EP 227
Assertion Not checkable as stated
Italist processed approximately $1M in transaction volume in January 2016
“Yeah, we go around a million.”
Diego Abba Apr 6, 2016 ▶ 12:18 Italian Fashion Brand Doing $12m/Year In Transaction Volume EP 227
Disclosure
Italist is raising an $8M to $10M Series A round
“Yeah, between eight to ten million. That's the idea to raise right now.”
Diego Abba Apr 6, 2016 ▶ 18:21 Italian Fashion Brand Doing $12m/Year In Transaction Volume EP 227
Assertion Not checkable as stated
Italist grew 14x with 90% quarter-over-quarter growth
“A 90% growth quarter over quarter. So we basically grow for teen times.”
Diego Abba Apr 6, 2016 ▶ 19:55 Italian Fashion Brand Doing $12m/Year In Transaction Volume EP 227
Assertion Supported
Italist has raised more than $1M in seed funding
“So we raised more than a million.”
Diego Abba Apr 6, 2016 ▶ 10:14 Italian Fashion Brand Doing $12m/Year In Transaction Volume EP 227
Disclosure
Affiliates drive roughly 30% of Italist's transaction volume
“I would say at this stage about 30%.”
Diego Abba Apr 6, 2016 ▶ 14:15 Italian Fashion Brand Doing $12m/Year In Transaction Volume EP 227
Assertion Not checkable as stated
Italist's average cart size is approximately $600
“No, no, no, the average card size is about 600 dollars.”
Diego Abba Apr 6, 2016 ▶ 14:48 Italian Fashion Brand Doing $12m/Year In Transaction Volume EP 227
Made with StarZero

Turn any episode into a week of clips.

This entire site, over 2,600 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.