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 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
O'Driscoll: First venture rounds for OpenAI and Anthropic were $23B and $4B
“The first venture round at OpenAI was twenty-three billion pre with Thrive, and the first venture round at Entropic was four billion pre with Spark and Menlo, you know, right?”
Bijan Sabet's Twitter Series B Catapulted Spark Capital Into Top Tier
“As I was joining Spark, Bijan Sabat at Spark led Twitter series B and that investment catapulted us into the upper echelon of VC firms.”
Reck: Spark Capital's fund returned multiple times via Oculus and Wayfair
“So TalkSpark Capital, our Series A lead, you know, the deal after Get Your Guide was Oculus Rift, right? You know, Palmer Lucchi. So, you know, we were basically off the hook a couple of months after they made the investment in us because the fund was already …”
ServiceNow grew to $43B market cap by launching new products annually
“They went public in 2012, one hundred sixty million dollar in run rate. It was a single product company. Fast forward to today, they have five plus products. They committed to launching one to new products every year and new products are 30% of new business. A…”
Median 2018 SaaS IPO took 15 years and reached $200M ARR
“You had to be around about 15 years. You're about two hundred million plus in ARR, growing around 40%, have 75% gap gross margins, are losing money, have at least 120% net dollar expansion rate, sell a thirty-k product per year on average, Have about a thousan…”