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 10 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
Deeter: Epic Has Maintained a State-Endorsed Monopoly in Healthcare
“Epic has had this wonderful state-endorsed monopoly for a long time.”
Deeter: Tiger Global Created Reckless Overfunding and Poor Governance
“There was a lot of happy disruption and big thinking and creativity that, that I applaud. And there was a lot of reckless overfunding and deal work and non-governance that that we're gonna have to clean up for quite a while.”
Deeter: Bessemer invested in Anthropic believing it could be a 30x return
“You know, 3.8 X will keep you in business for a long time, but the reason to do it is because you believe it could be a 30 X. And that's the basis of our anthropic investment is we believe that it is a generational company.”
Deeter: 2019-2020 peak entry valuations washed out many promising venture investors
“Cycles matter a lot. I really feel bad for great potential investors who joined our industry with checkbooks in 2000, you know, two, 2020, 2019. And they did great deals, but at market prices, which were way too high. And many of those people got washed out of…”
IBM acquired Red Hat because AWS was crushing them in public cloud
“This record acquisition by IBM of Red Hat is really all about Amazon Web Services crushing them in public cloud, them trying to make a play for hybrid cloud more aggressively and essentially draw a buffer line where they can be relevant and aspirationally they…”
Byron Deeter: AWS is the best business in software history
“And by the way, the best business in the history of software is sitting there with AWS in, in what people refer to as a commodity.”
Deeter: Mark Leslie's Sales Learning Curve Model Is Obsolete in AI
“The sales learning curve that Mark Leslie talks about when we backed him, you know, decades ago in Veritas is no longer applicable because you just can't possibly throw the bodies at a zero to 100 growth curve inside of two years.”
Deeter: Secondary liquidity for venture investors is healthy as companies stay private longer
“This is a change in my view. I'll confess that I was pretty hard lined against this, not for founders and teams. I always feel that taking some pressure off of them is good, but I didn't love it when our co-investors were looking for liquidity. Early in busine…”