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 6 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

Disclosure
Practice Ignition rejected higher Series C valuations to partner with JMI
“When we did this round, we turned down higher term sheets to work with JMI.”
Guy Pearson Jan 4, 2022 ▶ 18:12 Practice Ignition Breaks $24m Revenue, Raises $50m at $330m Valuation Helping 5,000 Accounting Firms Scale
Disclosure
Series C secondary included $4M for team and $6M for investor buyout
“JMI let, it was about four million went to the team. Six million was the buyout Tuesday investor.”
Guy Pearson Jan 4, 2022 ▶ 19:05 Practice Ignition Breaks $24m Revenue, Raises $50m at $330m Valuation Helping 5,000 Accounting Firms Scale
Disclosure
Practice Ignition raised only $2M in its first five years
“I think we'd only raised about Two million dollars in that whole five year journey.”
Guy Pearson Jan 4, 2022 ▶ 6:20 Practice Ignition Breaks $24m Revenue, Raises $50m at $330m Valuation Helping 5,000 Accounting Firms Scale
Disclosure
Practice Ignition took 30% dilution in its Series A round
“30.”
Guy Pearson Jan 4, 2022 ▶ 9:28 Practice Ignition Breaks $24m Revenue, Raises $50m at $330m Valuation Helping 5,000 Accounting Firms Scale
Disclosure
Practice Ignition took approximately 15% dilution in its Series C
“I think the delusion was just closer to 15%.”
Guy Pearson Jan 4, 2022 ▶ 17:46 Practice Ignition Breaks $24m Revenue, Raises $50m at $330m Valuation Helping 5,000 Accounting Firms Scale
Disclosure
Practice Ignition's Series B was raised at a $50M+ pre-money valuation
“Just north of US, 50.”
Guy Pearson Jan 4, 2022 ▶ 20:43 Practice Ignition Breaks $24m Revenue, Raises $50m at $330m Valuation Helping 5,000 Accounting Firms Scale
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