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.

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why aren't all 78 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 Supported
Arison: Ads represent 15% of Grindr revenue without app store fees
“Ads are about 15% of our revenue in, in total, but obviously on a margin basis, they're even higher percentage, because it's a very profitable part of the business, and we don't have to pay the Apple and Google taxes on that revenue.”
George Arison Dec 4, 2024 ▶ 36:43 George Arison, Grindr CEO: How Grindr Built a Free Flow Cash Machine | E1234 · 20VC with Harry Stebbings
Assertion Supported
Mollick: Google used his wife's prompt as a fine-tuning benchmark
“Google used her prompt as the gold standard to measure their fine tuned models against.”
Ethan Mollick Jul 31, 2024 ▶ 33:01 Ethan Mollick: Why OpenAl Abandons Products, The Biggest Opportunities They Have Not Taken | E1184 · 20VC with Harry Stebbings
Assertion Supported
Shazeer: B2C Products Proved Far Larger Than B2B Enterprise Search at Google
“I remember when I joined Google, there were, like, a lot of people working on this enterprise search appliance, which, you know, it was okay. Like, I think maybe somebody had this conventional wisdom that, like B to B is the only way to make money. But, like, …”
Noam Shazeer Aug 31, 2023 ▶ 2:57 Noam Shazeer: How We Spent $2M to Train a Single AI Model and Grew Character.ai to 20M Users | E1055 · 20VC with Harry Stebbings
Assertion Supported
Google's strict code ownership culture hinders cross-team growth efforts
“A good friend of mine was working at growth at Google, and they really have a totally different culture about this at Google, where it's really hard to go and change anyone else's code if you're not in that department or you're not in that team.”
Brian Hale Apr 6, 2022 ▶ 25:25 20 Growth: Why Retention Defines Product Market Fit, What is Good Retention Levels Today, The Most Counterintuitive Elements of Product and Growth & Why So Many Startups Mess Up Hiring For Growth Teams with Brian Hale, Head of Consumer Product & Growth @
Assertion Supported
Friedberg: Google created over 95% of its value post-IPO
“Google has accrued 95% of its value since it went public more than that.”
David Friedberg Mar 14, 2022 ▶ 23:38 20VC: David Friedberg on The Framework for Business Value Creation, The Bifurcation in Venture Today That No One Talks About, The Impact of Interest Rate Hikes on Venture and Step by Step; How TPB Incubates, Funds and Exits The Next Generation of Companie
Assertion Supported
Early Google shared board decks company-wide with zero leaks for four years
“Google taught me that when they would share confidential information, they would share the board deck with the entire company on Fridays. Literally, they'd gather the entire company and show them the same slides they had shown the board on Wednesday. And that …”
Chris Sacca Oct 11, 2021 ▶ 35:42 20VC: Chris Sacca on Coming Out of Retirement To Unf**k The Planet with Lowercarbon, How Chris Evaluates His Relationship To Money Today, Why We Have Bred a Generation of Ass**** Kids, Do VCs Provide Any Real Value and The True Unfiltered Opinion on Faceb
Assertion Supported
Gil: Google gave Android independent hiring autonomy post-acquisition
“Android actually had its own hiring practices, which at the time was Anthema at Google, and it was set up so that they could really run their team very independently, hire independently, make decisions independently, and that was a very explicit choice so that…”
Elad Gil Jul 17, 2018 ▶ 36:41 20VC: Elad Gil's High Growth Handbook on The Commonalities of The Truly Great CEOs, How To Hire The Very Best Execs, Why Cash is A Defensible Moat Today & The Pros and Cons of M&A and IPOs
Assertion Supported
Vassallo: Women played crucial roles in building Google's early business model
“You know, she talks about company like Google, you know, we only ever think of Larry and Sergey, but there were incredibly important and influential women who helped lead that company in the early days and helped build out the business model that made Google w…”
Trae Vassallo Jun 4, 2018 ▶ 24:45 20VC: What John Doerr Taught Me About Great Investing, Why Not All A Rounds Are Post-Traction and Why Despite Overfunding, There Is Still Gaps In Venture Financing with Trae Vassallo, Founding Partner @ Defy.vc
Assertion Supported
Google and Amazon drone efforts focus primarily on internal package delivery
“Thus far, Google and Amazon have mostly been focused on how do we deliver packages with drones?”
Ben Marcus Jan 5, 2018 ▶ 9:16 20VC: What Is The Right Drone Investing Strategy, The Catalyst That Will Take Drones to 100s of Millions & Will Amazon and Google Win The War of The Airspace with Ben Marcus, Founder & CEO @ Airmap
Assertion Supported
Buchheit: Gmail launched with a core team of only twelve people
“Even by the time we launched core Gmail team was probably only about a dozen people.”
Paul Buchheit Nov 1, 2017 ▶ 8:28 20VC: Y Combinator's Paul Buchheit on Creating Gmail Version 1.0 & Leadership Lessons from Working With Zuckerberg and Larry Paige
Assertion Supported
Wolfe: Planet operates history's largest Earth-imaging satellite constellation
“They would end up buying Google satellite imagery, which was something Google acquired called Skybox, and they now have the largest constellation of Earth imaging satellites in history up in space.”
Josh Wolfe May 10, 2017 ▶ 12:24 20VC: The 3 Forms Of Edge A Founder Can Have, Lessons From Being on A Board With Bill Gates & Why There Are A Lot Of Tourist VCs Who Are Going To Lose A Lot Of Money, with Josh Wolfe, Co-Founder @ Lux Capital
Assertion Supported
McCloskey hired StyleSeat's first engineer via equity-only Craigslist ad
“I found my first engineer by posting an ad on Craigslist and saying, I'm stealth company seeks engineer to build first version of product for equity, only no money. And believe it or not, that actually resulted in a fantastic engineer from Google who had made …”
Melody McCloskey Mar 31, 2017 ▶ 3:32 20VC: Why Every Founder Should Bootstrap Their Startup, How To Solve Information Asymmetry Between Founders and VCs & Living In A Cupboard For Two Years To Fund StyleSeat with Melody McCloskey, Founder & CEO @ StyleSeat
Prediction Held up
Turck: Google will deploy image processing AI at massive scale
“If you do something like image processing, which is something that deep learning is particularly great at you know, you need to think of a business model and a way of penetrating the markets that somehow does, doesn't put you in a direct collision course with …”
Matt Turck May 30, 2016 ▶ 20:25 20VC: Is Big Data Still A Thing with Matt Turck, Managing Director at FirstMark Capital
Assertion Supported
Google achieved profitability within two or three years of its founding
“Google was actually profitable, I think, by year two or year three.”
Christian Hernandez Mar 9, 2016 ▶ 15:42 20VC: Christian Hernandez on The Importance of Mobile and The Relationship Between Growth vs Revenue
Assertion Supported
Calacanis: Google almost bailed out Tesla when it faced bankruptcy
“Google almost bailed out Tesla at the last hour when it almost went bankrupt.”
Jason Lemkin Dec 18, 2025 ▶ 1:13:48 Will Cursor Kill Figma? Lightspeed Raises $9B & OpenAI’s $1B from Disney & #1 App in App Store · 20VC with Harry Stebbings
Assertion Supported
Lemkin: Replit updated platform to dynamically rotate LLM providers automatically
“Now with Replit, you don't pick your model anymore. It's all dynamic. It's all gone. You don't pick a lot. You don't pick high reasoning. You don't pick short reasoning. You don't pick anything. It just, and it rotates Google and others”
Jason Lemkin Dec 11, 2025 ▶ 56:19 SpaceX Valued at $800BN & Harvey Raises $160M at an $8BN Price & Netflix Acquires Warner Brothers · 20VC with Harry Stebbings
Assertion Supported
Rory O'Driscoll: Google is spending $90 billion on CapEx this year
“Google is spending ninety billion this year on CapEx.”
Rory O'Driscoll Nov 27, 2025 ▶ 6:57 Anthropic Raises $30B from Microsoft & NVIDIA & NVIDIA’s Core Business Faces TPU Threat · 20VC with Harry Stebbings
Assertion Supported
Pishevar: Uber's Series D valuation was negotiated up to $17B from $10B
“So that Series D, like a year after the Series C, which Google and TPG did, that was at three billion. This was at seventeen billion, and we started off at 10. So, Emil was able to negotiate from, like, 10, eleven billion valuation to 17, because there was so …”
Shervin Pishevar Jan 13, 2025 ▶ 31:04 Shervin Pishevar: What Really Happened in the Firing of Travis Kalanick | E1245 · 20VC with Harry Stebbings
Assertion Supported
Google allocated product roadmaps 70/20/10 across incremental, growth, and moonshots
“They used to have this model, they called it the 70, 20, 10 model. And it's actually a pretty fascinating way of thinking about just a product roadmap and the distribution within it. So, 70% of the product Teams were focused on what are things that are known v…”
Noah Weiss Jun 16, 2023 ▶ 0:50 Noah Weiss: How to Master Product-Led Growth; Scaling PLG to Enterprise at Google & Slack | E1026 · 20VC with Harry Stebbings
Assertion Supported
Lauren Schwartz: Google used double-crediting sales commissions for parental leave
“When I was at Google, there was a double conch policy. So everyone wins and everyone's incentivized around the same thing.”
Lauren Schwartz May 10, 2023 ▶ 49:45 20Sales: How to Scale a Career While Scaling a Family; Work-Life Balance; Parental Leave | E1012 · 20VC with Harry Stebbings
Assertion Supported
Jain: Android Grew From Under 1M Total Users To 1M Daily New Users
“We had less than a million total users on Android at the time. It was a phenomenal journey for me to kind of see Android grow from less than a million total users to about a million new users a day.”
Gaurav Jain Jan 6, 2020 ▶ 5:20 20VC: Why Now Is The Hardest Time To Raise an Institutional Pre-Seed in the Last Decade, What To Do When The Founder and VC Interests Do Not Align & The Rise of Pre-Emptive Rounds with Gaurav Jain, Founder & Managing Partner @ Afore Capital
Assertion Supported
Marissa Mayer invested as an angel in Adrian Aoun's startup Wavy
“So one of the angel investors in Wavy was Marissa Mayer. Now, Wavy was a search company, and Marissa at the time ran search at Google.”
Adrian Aoun May 25, 2018 ▶ 22:25 20VC: The Core Lessons From Building a 150 Startup Angel Portfolio, Why Founders Who Angel Invest Have Such Strong Advantages and Why The Lean Startup Makes Less and Less Sense Today with Adrian Aoun, Founder & CEO @ Forward
Assertion Supported
Tunguz: Google AdSense was neck-and-neck with Yahoo in early 2005
“Early 2005, we were neck and neck with Yahoo, which was the big competitor trying to run ads on other people's websites.”
Tomasz Tunguz Sep 12, 2016 ▶ 3:47 20VC: Redpoint's Tom Tunguz on Winning with Data: How To Gain A Competitive Advantage & Dominate Markets with Data and 5 Steps To Create A Data Driven Company
Assertion Supported
Tunguz: Google required product manager candidates to score 3.5 out of 4.0
“I remember at Google, when we were interviewing product managers, we would take these packets and we would have all these different, we were doing structured interviews at the time. It was on a four point O scale. You need to score above a 3.5.”
Tomasz Tunguz Sep 12, 2016 ▶ 14:28 20VC: Redpoint's Tom Tunguz on Winning with Data: How To Gain A Competitive Advantage & Dominate Markets with Data and 5 Steps To Create A Data Driven Company
Assertion Supported
Y Combinator classes were only 10 to 15 companies in 2006
“When I started 10 years ago, Google and Facebook were still buying a lot of small companies. YC classes were only 10, 15 companies.”
Aydin Senkut Apr 11, 2016 ▶ 11:56 20VC: Felicis' Aydin Senkut on Scaling Felicis From $4m to $120m, Doing Venture Differently and Why Being A VC Is Like A Jamaican Bobsled Team!
Assertion Supported
Google acquired Invite Media for $81 million
“Before Flatiron, Zatco founded Invite Media, acquired by Google for eighty-one million dollars.”
Harry Stebbings Nov 6, 2020 ▶ 0:26 20VC: Zach Weinberg on Whether A Company is a Democracy, The Importance of Ownership, The Rise of Pre-Emptive Rounds, Multi-Stage Funds Entering Seed and How he Approaches Both Risk and Personal Capital Allocation
Assertion Supported
Twitter Acquired Crashlytics for Nine Figures Before Selling to Google
“Prior to Digits, Wayne and Jeff co-founded Crashlytics, which was acquired by Twitter for a nine-figure sum in January, and then acquired from Twitter by Google in 2017.”
Harry Stebbings May 1, 2020 ▶ 0:43 20VC: Framework For Hiring The Best Talent 100% Remotely, Raising $32M From Benchmark and GV Pre-Launch and How To Think Through Capital Efficiency and Runway Today with Jeff Seibert and Wayne Chang, Co-Founders @ Digits
Assertion Supported
Gmail grew to 200 million users during Todd Jackson's tenure
“And we grew Gmail to over two hundred million users during my time there.”
Todd Jackson Feb 4, 2020 ▶ 4:52 Breaking News: Meet First Round Capital's Newest Partner, How To Approach Generational Transition as a Venture Firm & The Dangers of Attribution In Venture
Assertion Supported
Swift Navigation spun out of airborne wind turbine startup acquired by Google
“That company ultimately merged with another company in the space, sold to Google, and we spun out the technology ahead of the Google acquisition.”
Tim Harris Sep 1, 2017 ▶ 2:46 20VC: What Is The Big Lie To Silicon Valley, Why Silicon Valley Is No Longer Optimised For Deep Tech Investing & Why AI Will Lead To More Business Model Innovation Than Technology Innovation with Tim Harris, Founder & CEO @ Swift Navigation
Assertion Supported
Lieb: Bump pivoted to photo sharing before being acquired by Google
“We pivoted a few times with bump and ultimately decided to work on photo sharing and then got acquired by Google. And then I was there for nine years.”
David Lieb Sep 21, 2022 ▶ 2:03 David Lieb: How I Founded Google Photos & Bump; Why I Left Google | 20VC #927 · 20VC with Harry Stebbings
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