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 13 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
Campbell: ProfitWell has a 20:1 LTV-to-CAC ratio
“Well, well, our LTV to CAC is like 20 to one.”
Patrick Campbell Jun 8, 2018 ▶ 8:02 1049 We're Bootstrapped And Doubling Revenue YoY, Past $8m ARR
Assertion Not checkable as stated
Campbell: Fewer than 40,000 subscription companies exist in the entire world
“There's less than 40,000 subscription companies in the entire world. It's not a lot. And that includes media companies, box of the month, SaaS, everything.”
Patrick Campbell Jun 8, 2018 ▶ 22:14 1049 We're Bootstrapped And Doubling Revenue YoY, Past $8m ARR
Prediction Not checkable as stated
Campbell: Paddle will do for subscription revenue what Salesforce did for CRM
“We're going to do for The subscription dollar, what Salesforce did for the customer record where a dollar through paddle is going to be worth, you know, a lot more coming out of paddle than using infrastructure that, you know, is currently on the market basica…”
Patrick Campbell Jun 27, 2022 ▶ 2:35 Details of $20m Revenue Profitwell and $55m Revenue Paddle Deal and what led to the $200m Acquisition
Assertion Not checkable as stated
Campbell: Google gave me a $5K bonus before shelving my algorithm
“I made Google a ton of money, but the point I was trying to make was like, they gave me an award and like a 5000 dollar bonus. And they were like, yeah, we're going to shut this down.”
Patrick Campbell Jun 27, 2022 ▶ 19:00 Details of $20m Revenue Profitwell and $55m Revenue Paddle Deal and what led to the $200m Acquisition
Assertion Not checkable as stated
Campbell: ProfitWell Retain recovered $22M per month in subscription MRR
“The ego number is like the amount of dollars that go through all retained forms. That's the number I know. That's twenty two million dollars a month.”
Patrick Campbell Jun 27, 2022 ▶ 58:46 Details of $20m Revenue Profitwell and $55m Revenue Paddle Deal and what led to the $200m Acquisition
Assertion Not checkable as stated
Campbell: ProfitWell recovers customer acquisition cost in one to two months
“Yeah, we basically get one to two months recovery. I mean, there are definitely customers that we don't get that because they're paying us 50 bucks, and they're on the low end, and they're a little bit more touchless. Sure. But for, like, the target customer w…”
Patrick Campbell Jun 8, 2018 ▶ 10:15 1049 We're Bootstrapped And Doubling Revenue YoY, Past $8m ARR
Assertion Not checkable as stated
Campbell: ProfitWell has reached approximately $8 million in ARR
“Our latest public number is around, like, size is eight million in terms of ARR.”
Patrick Campbell Jun 8, 2018 ▶ 12:35 1049 We're Bootstrapped And Doubling Revenue YoY, Past $8m ARR
Assertion Not checkable as stated
Campbell: ProfitWell reached $200K in sales within nine months completely unfunded
“Within nine, nine months, like I had closed probably about a 200 grand in, in, in sales. And I wasn't paying, I wasn't making anything. I was like, we had no, that was the funding in the business.”
Patrick Campbell Jun 27, 2022 ▶ 25:09 Details of $20m Revenue Profitwell and $55m Revenue Paddle Deal and what led to the $200m Acquisition
Assertion Not checkable as stated
Campbell: ProfitWell Retain revenue more than doubled in 2021
“So retain, we more than doubled in 20, 21.”
Patrick Campbell Jun 27, 2022 ▶ 1:01:40 Details of $20m Revenue Profitwell and $55m Revenue Paddle Deal and what led to the $200m Acquisition
Assertion Not checkable as stated
ProfitWell's actual average MRR is between $1,000 and $2,000
“I think our average, our actual average is probably between one and two, not quite at two.”
Patrick Campbell Jun 8, 2018 ▶ 8:28 1049 We're Bootstrapped And Doubling Revenue YoY, Past $8m ARR
Assertion Not checkable as stated
Campbell: About 8,000 companies use ProfitWell
“We have about 8000, as you mentioned, companies using ProfitWell right now, which we're pretty pumped about.”
Patrick Campbell Jun 8, 2018 ▶ 13:05 1049 We're Bootstrapped And Doubling Revenue YoY, Past $8m ARR
Assertion Not checkable as stated
Campbell: ProfitWell has doubled or more than doubled revenue every year
“We have, Doubled or more than doubled every year.”
Patrick Campbell Jun 8, 2018 ▶ 13:49 1049 We're Bootstrapped And Doubling Revenue YoY, Past $8m ARR
Assertion Not checkable as stated
Campbell: Price Intelligently represents roughly two-thirds of ProfitWell revenue
“The split, I'm trying to do the math in my head. It's probably about two thirds, one third.”
Patrick Campbell Jun 8, 2018 ▶ 18:52 1049 We're Bootstrapped And Doubling Revenue YoY, Past $8m ARR
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