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 8 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
Douglas: LCPtracker holds 20% of US construction labor compliance market
“And our plan is we want to be the sole provider of labor compliance and workforce management solutions for all public and private construction in the United States. And that, and that's our five year plan. We've got about 20% of it now.”
Mark Douglas Mar 14, 2024 ▶ 4:29 Do these 9 things to ensure your way to $50 Million ARR
Prediction Not checkable as stated
Douglas: State privacy laws will trigger massive corporate lawsuits
“States are passing laws for privacy, and there's gonna be huge lawsuits.”
Mark Douglas Mar 14, 2024 ▶ 12:11 Do these 9 things to ensure your way to $50 Million ARR
Assertion Not checkable as stated
Douglas: LCPtracker Reached $25M Bootstrapped With Zero Debt
“We were one million dollars in 2011, and we're twenty five million dollars this year. Hundred percent bootstrapped. Zero debt.”
Mark Douglas Mar 14, 2024 ▶ 1:41 Do these 9 things to ensure your way to $50 Million ARR
Assertion Not checkable as stated
Douglas: LCPtracker hit revenue and expense targets within 1% for six years
“In fact, we've been within one percent of our annual revenue goals and annual expense targets each year for the past six years.”
Mark Douglas Mar 14, 2024 ▶ 2:04 Do these 9 things to ensure your way to $50 Million ARR
Assertion Supported
Douglas: LCPtracker manages compliance for $14B LAX project targeting 1,000 disadvantaged hires
“A project, LAX is a fourteen billion dollar project we have, and they're targeting about a thousand people To be hired from, ah, formerly incarcerated, or foster care, or in poverty in those areas.”
Mark Douglas Mar 14, 2024 ▶ 3:52 Do these 9 things to ensure your way to $50 Million ARR
Assertion Not checkable as stated
Mark Douglas: LCPtracker achieves 97% annual ARR customer retention
“We have about a 97% return on our customer, ARR return customer annually.”
Mark Douglas Mar 14, 2024 ▶ 13:14 Do these 9 things to ensure your way to $50 Million ARR
Assertion Not checkable as stated
Douglas: LCP Tracker maintains 3.6% employee churn versus 14% SaaS average
“We have a 3.6% churn rate. The average SAS company is 14%.”
Mark Douglas Mar 14, 2024 ▶ 16:48 Do these 9 things to ensure your way to $50 Million ARR
Assertion Not checkable as stated
Douglas: LCPtracker Manages Over $200B in Projects Across 2,000 Clients
“We manage over 200 billion dollars worth of projects that are active in our system now. We have over 2000 clients.”
Mark Douglas Mar 14, 2024 ▶ 0:52 Do these 9 things to ensure your way to $50 Million ARR
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