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 4 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

Insight
Marketing teams neglect organic acquisition once paid channels are introduced
“Once you allow your marketing team to start using paid marketing as a channel, you will watch them spend all of their time optimizing that paid channel. And almost no time optimizing on organic.”
Kirk Simpson Mar 9, 2019 ▶ 15:12 1323 How FinTech Company Wave Is Deploying $100m in Capital, $25m+ in ARR
Insight
Fintech LTV must use gross margin, not gross payment volume
“Essentially in our business, because we're paying out to Visa and MasterCard and Amex on our payments revenue, It's important to not look at the gross revenue, but instead to the net, right? And to like take lifetime times by your net revenue to get a true vie…”
Kirk Simpson Mar 9, 2019 ▶ 12:36 1323 How FinTech Company Wave Is Deploying $100m in Capital, $25m+ in ARR
Insight
10% to 15% of SMB churn is uncontrollable business failure
“In small business, you're going to have, to your point before, you're going to have 10 to 15% that are going to naturally go out of business.”
Kirk Simpson Mar 9, 2019 ▶ 7:35 1323 How FinTech Company Wave Is Deploying $100m in Capital, $25m+ in ARR
Insight
Bank connections and invoicing are key early SaaS retention signals
“I mean, things like connect your bank account. So you're importing your transactions send out a couple of invoices, accept a couple of electronic payments, those kinds of things. Those are huge signals of success long-term.”
Kirk Simpson Mar 9, 2019 ▶ 8:20 1323 How FinTech Company Wave Is Deploying $100m in Capital, $25m+ in ARR
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