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 7 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

Opinion
Jayalath rejects Marc Andreessen's thesis that software distinguishes hardware winners
“I kind of don't think about it in terms of that. I think people buy experiences and people want to be part of experiences.”
Dhananja Jayalath Aug 5, 2016 ▶ 11:58 20VC: Turning Down Apple & Getting Funded By Chamath @ Social Capital with Dhananja Jayalath, Co-Founder & CEO @ Athos
Disclosure
Athos secured seed investment from Chamath Palihapitiya within three hours of meeting
“We got here. I think we had a seed deal about three hours afterwards.”
Dhananja Jayalath Aug 5, 2016 ▶ 6:22 20VC: Turning Down Apple & Getting Funded By Chamath @ Social Capital with Dhananja Jayalath, Co-Founder & CEO @ Athos
Prediction Partly held up
Jayalath: Athos will focus on high school athletes market
“We're really focused on capturing and really enabling high school athletes to perform at their best. How do we do that Is going to evolve over time as we expand the market of all these high school athletes that really could use the best trainers, training them…”
Dhananja Jayalath Aug 5, 2016 ▶ 19:10 20VC: Turning Down Apple & Getting Funded By Chamath @ Social Capital with Dhananja Jayalath, Co-Founder & CEO @ Athos
Disclosure
Athos founders rejected signed job offers at Apple to launch startup
“Chris and I had already signed job offers to join. I was going to join Apple. Chris was going to be joining analog devices. Idea was like, let's just like make some money and work on this on the side so that, you know, we can make a better prototype and figure…”
Dhananja Jayalath Aug 5, 2016 ▶ 6:30 20VC: Turning Down Apple & Getting Funded By Chamath @ Social Capital with Dhananja Jayalath, Co-Founder & CEO @ Athos
Assertion Not checkable as stated
Jayalath: No manufacturing process existed for smart clothing before Athos
“No one has ever integrated technology Into clothing the way we've done it. There was no manufacturing process when we started doing it.”
Dhananja Jayalath Aug 5, 2016 ▶ 7:35 20VC: Turning Down Apple & Getting Funded By Chamath @ Social Capital with Dhananja Jayalath, Co-Founder & CEO @ Athos
Disclosure
Athos Charges for Apparel and Hardware While Offering Software for Free
“We're really just focused on like, right now it's like, let's sell, let's go through a very traditional model where the clothing and the hardware you purchase, the physical product and the software is completely free.”
Dhananja Jayalath Aug 5, 2016 ▶ 13:38 20VC: Turning Down Apple & Getting Funded By Chamath @ Social Capital with Dhananja Jayalath, Co-Founder & CEO @ Athos
Disclosure
Jayalath: Athos manufactures smart clothing with Sri Lanka's MAS
“We work with one of the best manufacturers in the world. They call it MAS based in Sri Lanka, and they do work for Nike, Lululemon.”
Dhananja Jayalath Aug 5, 2016 ▶ 7:46 20VC: Turning Down Apple & Getting Funded By Chamath @ Social Capital with Dhananja Jayalath, Co-Founder & CEO @ Athos
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