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 55 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

Assertion Partly supported
Postmates was market leader in California prior to Uber merger
“And with DoorDash being the, clearly the market leader in most of the U.S., but not in California and certain regions that That are very attractive. Where we were the number one.”
Bastian Lehmann Apr 8, 2024 ▶ 16:53 Bastian Lehmann: How the Uber Deal Went Down and How a $2.65BN Deal Turned into $5BN | E1137 · 20VC with Harry Stebbings
Disclosure
Hans Tung passed on early investment rounds in Chime and DoorDash
“If I look at some of the misses we had, you know, I did not invest in Chime. I did not invest in DoorDash.”
Hans Tung Sep 20, 2021 ▶ 25:10 20VC: Investing Lessons From Rounds In Peloton and Square, Why Great Investing is Stock-Picking and Sector Penetration & The Next Decade in Venture, Is Tiger's The Right Model with Hans Tung, Managing Partner @ GGV Capital
Assertion Not checkable as stated
Bill Walsh's book defined DoorDash's culture of chasing excellence
“The one that has quite a lot of influence on the building of DoorDash is The Score Takes Care of Itself by Bill Walsh, and just this notion of trying to chase excellence as opposed to the scoreboard. That has been, I think, the defining history of the company …”
Tony Xu Jun 7, 2021 ▶ 31:57 20VC: DoorDash CEO Tony Xu on The Art of Great Leadership Today, Why The Best Give All of the Credit and Take All of the Blame & How DoorDash Have Won The Best Talent Against the Toughest Competition
Assertion Not checkable as stated
DoorDash originated from a store manager turning down hundreds of orders
“If there was one, it really happened inside of a local macaroon store in Palo Alto where the founding team met a store manager who had to turn down hundreds of deliveries. She literally showed us a notebook with payment information of customers and how she had…”
Tony Xu Jun 7, 2021 ▶ 3:09 20VC: DoorDash CEO Tony Xu on The Art of Great Leadership Today, Why The Best Give All of the Credit and Take All of the Blame & How DoorDash Have Won The Best Talent Against the Toughest Competition
Assertion Supported
Tisch: DoorDash won a crowded market by finding a specific wedge
“DoorDash is an example. We're going to be the 12th player in this market. The market is big enough for multiple players, but it didn't mean that just entering the market Enables you to be a big outcome. They had to figure out their wedge.”
David Tisch May 4, 2021 ▶ 27:49 20VC: David Tisch on Why Ownership in Venture Does Not Matter, His Biggest Investing Misses and Hits and How His Investing Style Changed as a Result & 3 Core Reasons VCs Pass That Do Not Make Sense
Assertion Not checkable as stated
DoorDash Received Five Term Sheets During Its Series A Raise
“He had a fairly easy series A raise in my opinion, because he had five term sheets and we were competing with five term sheets and I had a jump on the competition, but it happened fairly quickly.”
Alfred Lin Jan 27, 2021 ▶ 34:13 20VC: The Memo: Sequoia's Alfred Lin on Why Chasing GMV Leads To Bad Behaviours, How To Approach Competition and Capital Efficiency & The Core Importance of Understanding the Difference Between Input and Output Metrics
Assertion Not checkable as stated
Tony Xu's mother worked three jobs daily for 12 years post-immigration
“My parents' journey into this country, it kind of is that classic immigrant story where dad was getting his graduate degree, mom was putting food on the table because we had a couple hundred bucks in the bank, and so she worked three jobs a day for 12 years to…”
Tony Xu Jun 7, 2021 ▶ 4:43 20VC: DoorDash CEO Tony Xu on The Art of Great Leadership Today, Why The Best Give All of the Credit and Take All of the Blame & How DoorDash Have Won The Best Talent Against the Toughest Competition
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