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
Reber: Microsoft screwed up its acquisitions of Yammer, Skype, and Wunderlist
“I think Microsoft has Screwed up multiple acquisitions like Yammer or Skype, and they promised me when we sold it that they will try their very best not to screw up Wunderlist, and I think they did.”
David Sacks: Top Startup Outcomes End Up 10x Larger Than Founders Expect
“Probably just that the outcomes are going to be 10 X or bigger than you think. When we were doing PayPal, it was hard to envision that it would be a hundred billion dollar plus company in 20 years. We thought a one and a half billion dollar outcome was great. …”
Bessemer Passed on Yammer by Overfocusing on Technical Buyers
“Well, one early on in my career was a company called Yammer that we missed. You know, I had a number of opportunities to invest, and I think the reason we missed is we were very focused in those days, the developer platform, on selling a sort of API-like servi…”
Saper: Top Emergence investments like Zoom were expensive, but Veeva wasn't
“They are not always expensive, but they are often expensive. So if I look back at our portfolio, Gusto was expensive. Zoom was expensive. Yammer was expensive. A lot of the good ones, Ironclad was expensive. But some of them weren't. Viva wasn't expensive beca…”
Hamid: Yammer's $1.2B sale freed him to invest in Slack
“There's one particular example that I think ended up working out pretty well. This is when Yammer got acquired by Microsoft it was a 1.2 billion dollar acquisition. At the time it felt like, man, we've got so much ahead of us. Yammer can become the next Slack,…”