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 8 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 1 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
Lemkin: Chamath Palihapitiya has been sued by all his former partners
“Chamath, all his ex-partners have sued him. Mamoon sued them. The Grok guys he sued.”
Palihapitiya: Investing is an infinite game where survival is the only success metric
“I think if you think about investing more broadly speaking, it's an infinite game. The only real competitor is yourself because the only thing you're really fighting is not really market gyrations, but it's your own psychology. And if you can manage your own p…”
Wei: Social capital is as predictable as financial capital
“I find social capital very compelling to study because I don't think we study social capital with as much rigor as maybe financial capital, but in many ways, it's just as predictable a medium.”
Palihapitiya operated Social Capital on a budget-based fee model
“I ran my fund as budget based. I never ran it as a flat fee. Now, I ended up using the two percent because I had many, many tens of people. I had data scientists, we had HR, we had PR, we had all these outsourced resources, all those things consumed capital. B…”
Palihapitiya designed Social Capital to combine Berkshire, Koch, and Red Cross
“I wanted to build a kind of organization that, you know, in some ways was a mixture between Berkshire with respect to its Capital and capitalism philosophy. The developments that are like Koch Industries with respect to its view on amalgamation and building co…”
Social Capital Splits Fund Between Long-Gestation and Fast-Growth Bets
“What we have a very deliberate approach of sort of half of our investments are in those longer gestation cycle businesses, and the other half are in more predictable enterprise software and consumer businesses, where it's more apparent much faster that these b…”