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

What-if
Immelt: No other leadership team on earth could have saved GE in 2008
“We made it to shore, we saved the company, we preserved the businesses, and I would say to people, look, no other team on earth could have done what we did.”
Jeff Immelt Jul 22, 2021 ▶ 23:32 20VC: Jeff Immelt on Leadership Lessons from 16 Years as CEO @ GE, Incumbent Innovation; Why Some Have Failed and Other Succeeded, When Boards Have A Positive vs Negative Impact on a Company & The One Fear Startup Founders Are Allowed To Have
What-if
Immelt: GE should have partnered with Salesforce or Microsoft for software
“Here's what I would have done differently, you know, Harry, in all honesty, I've had four years to think about it, is I would have either bought a part of a startup company or done a joint venture with maybe salesforce.com or Microsoft and created a new co, cr…”
Jeff Immelt Jul 22, 2021 ▶ 8:50 20VC: Jeff Immelt on Leadership Lessons from 16 Years as CEO @ GE, Incumbent Innovation; Why Some Have Failed and Other Succeeded, When Boards Have A Positive vs Negative Impact on a Company & The One Fear Startup Founders Are Allowed To Have
Disclosure
Immelt: I failed to change GE's culture fast enough for digital
“Where I failed was I couldn't change the culture fast enough to grab, you know, kind of the next wave of digital technologies.”
Jeff Immelt Jul 22, 2021 ▶ 8:17 20VC: Jeff Immelt on Leadership Lessons from 16 Years as CEO @ GE, Incumbent Innovation; Why Some Have Failed and Other Succeeded, When Boards Have A Positive vs Negative Impact on a Company & The One Fear Startup Founders Are Allowed To Have
Opinion
Immelt: In 2000, General Electric felt a lot like Amazon
“Back in the year, 2000, GE felt a lot like Amazon.”
Jeff Immelt Jul 22, 2021 ▶ 2:41 20VC: Jeff Immelt on Leadership Lessons from 16 Years as CEO @ GE, Incumbent Innovation; Why Some Have Failed and Other Succeeded, When Boards Have A Positive vs Negative Impact on a Company & The One Fear Startup Founders Are Allowed To Have
Insight
Jeff Immelt: Leaders should expect corporate loyalty, not personal devotion
“Like to me, trust is not loyalty. People confuse trust and loyalty. I never expected people to be loyal to me. I expected them to be loyal to the company, right? To be loyal, put the company first.”
Jeff Immelt Jul 22, 2021 ▶ 21:49 20VC: Jeff Immelt on Leadership Lessons from 16 Years as CEO @ GE, Incumbent Innovation; Why Some Have Failed and Other Succeeded, When Boards Have A Positive vs Negative Impact on a Company & The One Fear Startup Founders Are Allowed To Have
Assertion Partly supported
Immelt: GE built a $20 billion wind business
“We built a twenty billion dollar wind business.”
Jeff Immelt Jul 22, 2021 ▶ 5:05 20VC: Jeff Immelt on Leadership Lessons from 16 Years as CEO @ GE, Incumbent Innovation; Why Some Have Failed and Other Succeeded, When Boards Have A Positive vs Negative Impact on a Company & The One Fear Startup Founders Are Allowed To Have
Prediction Not checkable as stated
Immelt: I will get a Twilio tattoo when they hit $5B revenue
“That's absolutely true. I got in 2006 and I told Jeff Lawson that when Twilio gets to be five billion dollars in revenue, I'm going to get a tattoo of the owl, which is the kind of the Twilio symbol.”
Jeff Immelt Jul 22, 2021 ▶ 28:50 20VC: Jeff Immelt on Leadership Lessons from 16 Years as CEO @ GE, Incumbent Innovation; Why Some Have Failed and Other Succeeded, When Boards Have A Positive vs Negative Impact on a Company & The One Fear Startup Founders Are Allowed To Have
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