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 6 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
Levchin: Affirm grew 35% last quarter, outpacing Klarna's 32%
“I think they announced that they grew 32% last quarter. I think we announced that we grew 35%.”
Levchin: Affirm has gained market share against all BNPL competitors
“For the last several quarters, from estimates, so we have been taking share in the market against all competitors, not, not just them.”
Rabois: VC investments take 10 to 20 years to reach profitability
“Actually some have, you know, like I'm sure Opendoor actually is profitable, a firm will be profitable, but usually it's a 10 to 15, 20 year journey by the time that happens.”
GGV Capital and Wellington were the only firms in both Peloton and Affirm
“And I think the only other firm that did that was Matt at Wellington. So both of us only went and invested in both companies.”
Max Levchin includes a Big Lebowski quote in every Affirm shareholder letter
“If you are a careful student of my shareholder letters, of which I have now written on the order of, it cannot possibly be 16, but I think it's 16 or 15 you will see that every single one of them contains a reference to the movie Big Lebowski.”