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 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
Russo: VCs rejected him for portfolio CEO roles at age 44
“I was too old. I was 44 years old. They were looking for twenty-something guys to run their companies.”
Russo: 92% of training program buyers never finish the course
“Everybody who's ever bought a training program in the universe, 92% of those people have never finished that training program or never got the benefit.”
Russo: 1990s software buyers paid 15-18x profit; 2x revenue was 'crazy'
“Well, I mean, they were paying 18, 15 to 18 times profits at the time. So we were, you know, we were looking for probably two times sales, which was unusual. Only crazy companies got two times sales.”
Russo: Offered to return $2.5M of unspent $4M raise to VCs
“I still have About two and a half million of cash in the bank. Nathan Latka: Of how much that you raised? Mitch Russo: Four million. I said, you should take it back.”
Russo: TimeSlips Did $5.6M in Revenue When Acquired by Sage in 1994
“Revenue was about 5.6 million.”