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 9 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
Berman: Investors Expect $1 Million ARR for a Series A Round
“The consensus seems to be a million dollars ARR, which equates to about 70, 75 K eight grand per month.”
Berman: Lead investor negotiated SendSonar valuation cap down to $5M
“So we actually started at six and then when our lead investor came on board, we negotiated or they negotiated, I should say, and we actually finalized it at five.”
Berman: Sonar grew revenue 35% month-over-month every month in 2015
“I think the more relevant number is actually what our month over month revenue growth was, and I'm happy to share that, and that was 35% month over month every month in 2015.”
Berman: Sonar spun out of work for Maven at 500 Startups
“Sonar actually spun out of some work I was doing at 500 Startups. I was working with a company called Maven, and they had this deep need. So I built the prototype for Sonar and you know, before long they started telling other companies about it and it kept gro…”
Berman: SendSonar raised $1M seed round with a four-person team
“We raised a million dollars about a year ago. We're a team of four”
Berman: SendSonar closed half its seed round in three weeks
“So I actually closed half of the round in about three weeks, and then the second half took another two months.”