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 13 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
Lacaillade: Founders Fund, a16z, Greenoaks, and Thrive proactively marked down valuations
“In my core relationships Founders Fund's the most extreme, because Peter Thiel's very contrarian and he wants to reset the mindset of his team. Which I think is great. But Andreessen Horowitz, Green Oaks Thrive, they've all proactively marked down their compan…”
Frankel: Post-2020 mega funds boast high TVPI but lag on DPI
“Subsequent to twenty-twenty, like the TVPI is there, and some, in some cases, they're on steroids. The DPI is less there, if you look at the actual stats.”
O'Driscoll: Thrive Capital specifically declined Anthropic investment due to OpenAI stake
“They actually specifically, unlike some of the other funds that have invested in both, they've Specifically our fund that said, no, we backed open AI. We're not going to back on tropics.”
Stebbings: Thrive and Greenoaks made $500M+ buying distressed Carvana stock
“They made half a billion dollars plus from Carvana in the public markets buying when it was in the dumps and then writing that up.”
Hankes: OpenAI Delayed GPT-4 Release by Five Months for Safety Testing
“On GPT four, we saw the demo in the fall. They didn't just release the product then they took, I think four or five months To test and learn about safety in the edges of the model and then ultimately released it to the world.”
Stebbings: Open Evidence raised at $12B valuation led by Thrive and DST
“Open Evidence raises at twelve billion dollars, labbed by Thriving DST. It's a 12 x valuation step up to where they raised at a billion dollars from Sikora at the start of the year.”
Thrive Capital grew AUM from $40M to over $10B
“If you actually think about Thrive, yes, we're a venture firm, and we've grown a lot from the forty million of fund at the time to managing more than ten billion of AUM, but we've really done it without any rules.”
O'Driscoll: Thrive Capital doubled its Instagram investment in just days
“Thrive invested in Instagram, and like, literally four or five days later, it sold for a two X, right?”
Thrive Capital Invested in Instagram Growth Round From $40M Fund
“The ambition of the team, which reached well beyond the forty million fund they had at the time would suggest. And even with that small fund, they were taking big swings, you know, be a big investor in a growth round in Instagram right before Facebook. Bought …”
Robinhood raised $5.6 billion total, including a $2.4 billion emergency round
“To date, Vlad has raised over 5.6 billion dollars with Robin Hood, including a 2.4 billion dollar raise just this month, and some of their investors include the likes of Ribbit, Sequoia, Green Oaks, Index, IVP, Thrive, GV, and more incredible names.”
Paik: Thrive Capital's first venture fund was only $10 million
“At Thrive Capital at the time, it was a ten million dollar fund.”