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 7 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
Greylock's $500M Facebook valuation check faced intense internal and external criticism
“Facebook was very controversial, both internally and externally at Greylock when it was announced, because we invested at a five hundred million plus pre and wrote one of the biggest Checks that Gerlach had ever written at that time, and that was considered in…”
David Baszucki predicted early on that Roblox would surpass Minecraft
“I remember him saying, we're going to be bigger than Minecraft someday, and at that time, that was like the most laughable statement in the world, but Dave was convinced, and I just remember I'd check in with him, and he'd chip away at it, and eventually it be…”
Investors doing aggressive preemptive rounds will get burned when the market turns
“On the flip side, I think it's very dangerous, and I think there's going to be people that get extremely burned when the music stops, and the music will stop.”
Sze: Greylock partners can pass almost any deal if they push hard
“The reality is, at Greylock, if you do your work, you can get most deals through the partnership if you really believe in it, and the way we are. You'll get challenged, but if you do the work, and you push, and you believe in it, most of the cases, and the vas…”
LinkedIn, Facebook, and Roblox took between 8 and 17 years to IPO
“LinkedIn was eight to 10 years to going public. Facebook was 10 to 12. You know, Roblox, 17 years.”
Sze: New Greylock partners hold high relative power in firm decisions
“But I would say on average, on basis, someone who is new to the partnership on a relative basis has an incredible amount of power to say things. And so we really work as a team where we empower every partner to say what they mean, do what they say, and to own …”