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 5 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
Emil Michael predicts Benchmark's fixed $435M fund model will fail
“That's why I think Benchmark ultimately is going to, is, has no innovation. Forget the reputation, which most entrepreneurs, if they do their deals, will find out about, but just not innovating stuck at four hundred thirty-five million for the next 10 years is…”
Emil Michael predicts Uber's Postmates and Careem acquisitions will be total write-downs
“I think we, instead of buying Kareem in the Middle East, Postmates, Jump Bike I think all of those will be a hundred percent write downs. Those are some of the worst acquisitions done in tech. Maybe Postmates may be the worst acquisition done tech in the last …”
Emil Michael predicts tech down rounds in Q4/Q1, shutdowns in Q2/Q3
“I think we're at the end of the beginning, though, not the end of the end. The next phase is structured rounds, down rounds, like true down rounds and then sales were, unfortunately, companies sort of not making it, and I think that'll happen in Q one, you kno…”