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 7 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 1 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
Geoff Charles: American Express Does Not Know How to Build Software
“And like Amex is like, it does not know how to build software. It is an incredible company with an incredible brand and an incredible card and merchant product. But they're a far cry away from being a SaaS company.”
O'Driscoll: Ramp and Brex will be valued like Amex once growth slows
“Once the growth rate slows, they will be valued. Just like if they're growing the same as Amex, they will be valued the same as Amex. The growth is what's saving them.”
Siemiatkowski: Klarna operates proprietary payment rails capturing itemized receipt data
“We have our own payments network. Just like Amex, we have our own Rails. Every time you shop with Klana, the information that flows on the rails isn't just the amount that you purchase for. It's the exact products. We have the full digital receipt.”
Siemiatkowski: US incumbent bank apps are significantly better than European ones
“If you take your Amex app in the US and compare it to one here, it is significantly better there, right? Your JP Morgan app is significantly better. So the financial institutions in the US are just better.”
Glyman: CFO software and spend management will yield multiple $100B+ companies
“And look, I think that there are many hundred billion dollar plus companies in this space. I know Amex It's had since 1850 to work on it, and there are a number of others, but I think that if you can truly do that, and if you can create differentiated value in…”
Glyman: Amex cannot launch spend-reduction tools due to Innovator's Dilemma
“So first, there's this question of, like, why isn't Amex doing this? Like, why isn't Amex going saying, let's go apply, like, a savings algorithm? And for them, it's a really, like, this is true, like, Clay Christensen, innovator's dilemma. It's like, yes, you…”
Cohen: Unmanaged corporate travel is larger than the managed market
“There is the managed side, you know, Amex and Concare. There is the non-managed. Everybody that are doing whatever they want to. It's actually a bigger market, and we think that we have an opportunity and the right to win in both markets, and that's what matte…”