Memo gallery · public

Real decks from companies you already know.

Verdict picks a company, runs the memo on its real fundraising deck, and publishes the whole thing. Names, numbers and all. Because you already know the company, you can judge the call instead of taking it on trust.

3 memos. New ones added as we run them.

Real deck · named company

FTX

Strong Pass
Fintech / Crypto — Cryptocurrency ExchangeGrowthPublished 2026-08-17

Real scale, unaudited financials, custody undisclosed

Read memo

Real deck · named company

Theranos

Strong Pass
Healthcare / DiagnosticsSeries BPublished 2026-08-05

Pre-revenue, an uncleared device, and an unverified core technology.

Read memo

Real deck · named company

ngrok

Invest
Developer Tools / InfrastructureGrowthPublished 2026-07-18

Real revenue, zero acquisition cost, and one open question: enterprise conversion.

Read memo

These are decks Verdict picked. Yours gets the same treatment.

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