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 11 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
Phillips: Cover Me prices its products 50% beneath market rates
“We think we're about 50% beneath the market on both of them.”
Phillips: Personal angel investment Rehinged will be a marketing AI superstar
“And in fact, I just invested some of my own money into that deal. Rehinged is going to be a superstar in that space.”
Phillips: Cover Me founders invested about $800,000 of personal capital
“We put in about 800,000 total.”
Phillips: Cover Me will reach about $1.6 million in revenue in 2021
“This year we will finish the year at about one six.”
Cover Me Pays Sales Reps $100K Base Plus 10% Commission
“We pay them a 100,000 as a base, and then 10% on their first year, on the first year of the revenue, and then there's some residuals.”
Phillips: Cover Me added three customers and $270K in ARR last month
“We just added three new customers. So we added two point, or excuse me, 270,000 in revenue last month.”
Phillips: Cover Me needs $4M to $5M to scale properly
“You know, to scale this thing and do it right, I think we need four or five million.”
Phillips targets roughly $12M valuation for Cover Me
“Well we, we're sitting down to talk about this here in about a month or so, but, you know, I think we're probably realistically looking at maybe, maybe one point maybe twelve million.”
Phillips: Cover Me founder owns majority equity with two co-founders
“No, I own a little bit more than a majority, and my two co-founders own the rest.”