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 10 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
O'Driscoll: Building Brex to a $5.15B exit before 30 is heroic
“Going back to the first thing, I think it was a great outcome, and I think, you know, you build something from nothing to a five billion dollar outcome before you're 30. Heroic result. Absolutely be praised.”
Siemiatkowski: Fintechs target market share from legacy banks, not each other
“Whose market share are we eating? You know, Barclays, you know the Wells Fargo's, the Capital One, those are the companies that we are going after, right? So I don't really see there's a big conflict between us. It's more the incumbents that are going to lose …”
Lemkin: The tech industry will forget about Brex within 24 months
“We're gonna forget about Brex in 24 months. We're gonna even forget whether it was two X's or how to spell it.”
O'Driscoll: Brex is worth more to Capital One via Discover rails
“Capital One bought Discover Card. Discover Card has a closed network where they get all the money in the interchange. Right? So that's a really powerful asset for them now with, you know, now that they have Brex, they will probably be directing as much of that…”
Capital One acquires Brex for $5.15B in cash and stock
“Brex's acquisition by Capital One, 5.15 1,000,000,050 percent cash, 50% shares.”
Fougere: Datadog's first enterprise deal was $1.4M with Capital One
“And all of a sudden that was our first enterprise deal, and it was for 1.4 million dollars, and we had never had a deal like that before, and that was about six months in.”
Cillufo: Predictive models built during boom times fail in economic downturns
“No matter how good your modeling technology is, it's only so good as the inputs. And the inputs are only so good as the environment in which they're created. If you're building a business in boom times, and then you hit challenging times, all of your assumptio…”
Fireworks AI counts Geico and Capital One as enterprise customers
“We have customers like Geico, like Capital One, all these companies.”
Cillufo: Capital One was one of the original fintech companies
“No one called it a fintech at that point in time, but I think there's good case that Capital One was one of the original fintechs and had a wonderful run.”
Brown interviewed 30 bank executives over four months for Head of Credit
“I spent four months. I personally talked to 30 directors and vice Presidents at Capital One, HSBC, Citi, all the big banks, and I kept pushing and pushing until I ended up finding a guy whose name is also Jason, and he's just this incredible genius, top of his…”