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 11 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
Khachab: Reaching a $1B valuation weakens startup urgency and attracts safe players
“Now the real downside to me is that it's at one billion mark, because once we become unicorn and people think, oh, we've made it. Like we've done, we, we're great now. Kind of people get less hungry. And then you get applications of people who look for a safe …”
Khachab: AI will replicate years of proprietary software development by 2028
“This thing is going to learn how to code in no time. And maybe not now, maybe not next year, maybe 27, maybe in 28, like where's our technological mode is going to be? Like it might just be gone, like anyone maybe able to replicate what we have built over year…”
Khachab: Choco automated large parts of customer care and account management
“We also automate a large part of our customer care, large part of our kind of more account management can kind of work and replace it with AI.”
Khachab: Giving employees a week off during COVID was a mistake
“First week of COVID, everyone gets a week off. And I said, okay, it might be great. Everyone can adjust the new situation. Like the opposite was the case. Like purpose was gone. So I think that was a mistake.”
Khachab: Choco should have tripled its burn rate in its first years
“I wish you would have, you know, spent double the amount of money, have tripled the amount of burn probably in the first 24 months of our company.”
Khachab: Choco's AI API costs dropped 80% in six months despite growth
“We literally had to do nothing, and our price is now 80% lower than six months ago, despite probably having five or six extra transactions.”
Khachab: Choco added $1B in GMV in under a year post-AI transition
“I can tell you our GMV, since this AI transition grew like tremendously, I think it took us with kind of like the two years of COVID break, it took us probably five years to get to one and a half billion-ish, and it took us then less than yet at another billio…”
Khachab: Choco lost 98% of its GMV in the first COVID week
“When COVID hit and when you lose 98% of your GMV at, and it's a very first week of it”