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 6 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

Prediction Didn’t hold up
Clavier in 2015: Ambient Wireless Power Will Recharge Electronics by 2018
“So those two guys out of MIT have invented a well using a technology which has been refined lab at MIT, where, you know, in three years from now, you'll have a device or earlier You will have a device on your nightstand or your desk in the office that will aut…”
Jeff Clavier Sep 7, 2015 ▶ 24:19 20 VC 069: Jeff Clavier, King of Seed Funding @ SoftTech VC on Brad Feld, Fitbit and Standout Startups
Assertion Partly supported
Senkut: Felicis's $41M debut fund backed Rovio, Shopify, and Fitbit
“The very first fund we had was only forty one million, and we invested in Rovio in Finland from that. The whole round was bigger than our whole firm. Shopify's A round and Fitbit's B round”
Aydin Senkut May 27, 2022 ▶ 5:14 Aydin Senkut: How I Scaled from a $4M Angel Fund to $900M AUM | 20VC #890 · 20VC with Harry Stebbings
Assertion Partly supported
Clavier: Fitbit Reached a $10B Valuation on Just $40M-$50M in Equity
“In the case of Fitbit, they've gotten to where they are just using, you know, roughly 50, you know, 40, fifty million dollars in in actual sort of equity capital.”
Jeff Clavier Sep 7, 2015 ▶ 22:26 20 VC 069: Jeff Clavier, King of Seed Funding @ SoftTech VC on Brad Feld, Fitbit and Standout Startups
Assertion Partly supported
Jacobson: No mobile app directly competes with PumpUp in social fitness
“When it comes to our category, most players, especially the successful ones, are utility products. You look at Fitbit or Fitness Pal or MapMyFitness or RunKeeper tracking apps or pieces of hardware. When it comes to social and community and the health and fitn…”
Phil Jacobson Jul 10, 2015 ▶ 10:50 Founders Friday 003: 2m users, $2m Seed Round, 220,000 Instagram Followers with Phil Jacobson, Founder @ PumpUp
Assertion Partly supported
In 2018, Fitbit Traded at 1x Revenue While Peloton Traded at 20x
“This is also around the same time that Fitbit as a publicly traded company was trading at about one times revenue, which isn't great. And Peloton as a private company was trading at about 20 times revenue.”
Will Ahmed Jan 5, 2022 ▶ 31:24 20VC: Whoop Founder, Will Ahmed on How CEOs Can Perform at their Highest Level, Why There is Value in Struggle Early On, Why Realism is Overrated in Startups and How To Create a Culture of Delegated Decision-Making
Assertion Partly supported
Felicis Ventures backs an average of two unicorns per year
“Backing, and I cannot believe I'm saying this, Dad, but an incredible two unicorns per year since founding, including Shopify, Opendoor, Flexport, Adyen, Twitch, Fitbit, and many more incredible companies.”
Harry Stebbings Mar 11, 2019 ▶ 0:28 20VC: What It Takes To Be The Most Effective Coach To Startup Founders, The Biggest Surprises and Challenges About Transitioning To Venture From Operations & 3 Trends Shaking The World of Consumer Today with Victoria Treyger, General Partner @ Felicis Ven
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