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 15 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 Not checkable as stated
Ambassador raised prices quarterly for five years without losing any customers
“We raised our prices every quarter for almost five years, and we didn't lose customers.”
Jeff Epstein Apr 29, 2021 ▶ 15:15 What Do You Do After You Exit Your First SaaS For More than $9m?
Assertion Supported
Jeff Epstein's Ambassador raised under $3 million in total funding
“We actually only, we raised under three million.”
Jeff Epstein Apr 29, 2021 ▶ 3:18 What Do You Do After You Exit Your First SaaS For More than $9m?
Assertion Not checkable as stated
Jeff Epstein's Ambassador generated around $8 million in revenue when sold
“I think when we sold, we were around eight.”
Jeff Epstein Apr 29, 2021 ▶ 4:08 What Do You Do After You Exit Your First SaaS For More than $9m?
Assertion Not checkable as stated
Epstein: Ambassador's average customer pays about $2,000 per month
“Average customers paying us about 2000 per month.”
Jeff Epstein Sep 17, 2018 ▶ 2:48 1150 Detroit Based Referral Program software passes $600k in MRR
Assertion Not checkable as stated
Epstein: Ambassador generates well over $3M in ARR
“We obviously do way more than three million dollars a year.”
Jeff Epstein Sep 17, 2018 ▶ 7:10 1150 Detroit Based Referral Program software passes $600k in MRR
Assertion Not checkable as stated
Epstein: Most Detroit Companies Do Not Offer Stock Options
“Most companies, In our area don't give equity or stock options, right?”
Jeff Epstein Sep 17, 2018 ▶ 8:39 1150 Detroit Based Referral Program software passes $600k in MRR
Assertion Not checkable as stated
Epstein: Ambassador Experiences Low Single-Digit Monthly Gross Revenue Churn
“We're in the low, you know, low single digits per month.”
Jeff Epstein Sep 17, 2018 ▶ 12:16 1150 Detroit Based Referral Program software passes $600k in MRR
Assertion Not checkable as stated
Epstein: Ambassador's Customer Lifetime Value Exceeds $50,000
“I mean, we're north of 50,000 now in terms of lifetime value, which is pretty great.”
Jeff Epstein Sep 17, 2018 ▶ 13:31 1150 Detroit Based Referral Program software passes $600k in MRR
Assertion Not checkable as stated
Epstein: Ambassador generated about $3.5 million in revenue in 2015
“So it was about three and a half million dollars.”
Jeff Epstein May 20, 2016 ▶ 7:26 EP 300: This Law Student Quit to Build Referral Program Business Doing $2MM+ Per Year
Assertion Not checkable as stated
Epstein: Ambassador reached an annualized run rate around $3.8M–$4M
“Yeah, so run rate was about probably just under 3.84 million roughly.”
Jeff Epstein May 20, 2016 ▶ 7:50 EP 300: This Law Student Quit to Build Referral Program Business Doing $2MM+ Per Year
Assertion Not checkable as stated
Epstein: Ambassador achieves ~85% retention and under 2% monthly net dollar churn
“We don't measure it annually, but it's probably, our retention is probably close to 85%, 85%, which is which is maybe 10% churn. I mean, there's a couple different ways to measure it, but we also look at, you know, net dollar churn as well, so that, that's und…”
Jeff Epstein May 20, 2016 ▶ 9:52 EP 300: This Law Student Quit to Build Referral Program Business Doing $2MM+ Per Year
Assertion Not checkable as stated
Epstein: Ambassador closes about 5% of product demos
“And we know that demos will close at, or, you know, at you know, five percent.”
Jeff Epstein May 20, 2016 ▶ 15:24 EP 300: This Law Student Quit to Build Referral Program Business Doing $2MM+ Per Year
Assertion Not checkable as stated
Jeff Epstein sold Ambassador on a revenue multiple, not EBITDA
“It was definitely multiple revenue, you know, instead of like an EBITDA multiple.”
Jeff Epstein Apr 29, 2021 ▶ 5:11 What Do You Do After You Exit Your First SaaS For More than $9m?
Assertion Not checkable as stated
Jeff Epstein's Onboard.io had not reached $10,000 in MRR by April 2021
“No, not yet.”
Jeff Epstein Apr 29, 2021 ▶ 14:07 What Do You Do After You Exit Your First SaaS For More than $9m?
Assertion Not checkable as stated
Epstein: Ambassador's freemium launch resulted in 600 users who never paid
“I had this idea that we would be freemium, and Dropbox was like the most popular software out. We wanted to be freemium. I think the story I tell is we had 600 customers not pay us. 600 customers didn't pay.”
Jeff Epstein May 20, 2016 ▶ 4:53 EP 300: This Law Student Quit to Build Referral Program Business Doing $2MM+ Per Year
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.