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.

clear all ✕

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

Insight
Wei: Social Graph Design Is an Irreversible Decision for Startups
“And the problem for social startups is that if you have people build a very particular social graph, and you build your feed off of it, and you build notifications off of that graph, most people tend to not want to unfollow people down the road, so this is kin…”
Eugene Wei Nov 22, 2021 ▶ 16:17 20VC: Eugene Wei on "Status as a Service", Why Networks Grow and Stop Growing, The Worst Design Choices Social Media Incumbents Have Made & The Next 10 Years of Media and the Metaverse
Insight
Eugene Wei: Primary mechanism of network growth is status game creation
“Status as a service posits, there are two things that explain a lot of this. One is that humans are just hardwired to seek status, or as you would call it, status, which sounds more classy. The second is that humans... Will tend to gravitate towards the most e…”
Eugene Wei Nov 22, 2021 ▶ 21:58 20VC: Eugene Wei on "Status as a Service", Why Networks Grow and Stop Growing, The Worst Design Choices Social Media Incumbents Have Made & The Next 10 Years of Media and the Metaverse
Insight
Eugene Wei: Twitter tweetstorms are the optimal status tactic for VCs
“Now I feel like the new meta for investors is to build a personal brand on Twitter. And the way you do that is the tweet storms. That's a classic example of a optimal status seeking tactic within Twitter that has been adopted by the universe of players.”
Eugene Wei Nov 22, 2021 ▶ 28:25 20VC: Eugene Wei on "Status as a Service", Why Networks Grow and Stop Growing, The Worst Design Choices Social Media Incumbents Have Made & The Next 10 Years of Media and the Metaverse
Insight
Wei: Social capital is as predictable as financial capital
“I find social capital very compelling to study because I don't think we study social capital with as much rigor as maybe financial capital, but in many ways, it's just as predictable a medium.”
Eugene Wei Nov 22, 2021 ▶ 29:50 20VC: Eugene Wei on "Status as a Service", Why Networks Grow and Stop Growing, The Worst Design Choices Social Media Incumbents Have Made & The Next 10 Years of Media and the Metaverse
Insight
Wei: Disrupt incumbents by directly inverting their primary core strength
“The way that you want to attack an incumbent is typically by going after their biggest strength and doing something that's the reverse of it because they derive most of their power and revenue from their biggest strength. It's also the thing that they're most …”
Eugene Wei Nov 22, 2021 ▶ 20:24 20VC: Eugene Wei on "Status as a Service", Why Networks Grow and Stop Growing, The Worst Design Choices Social Media Incumbents Have Made & The Next 10 Years of Media and the Metaverse
Insight
Eugene Wei: Social media feeds scaled status games to unprecedented levels
“The feed and these algorithms and social media as a concept, essentially, the one thing they have done is they've elevated the status game to just a scale we've never had in human history.”
Eugene Wei Nov 22, 2021 ▶ 27:56 20VC: Eugene Wei on "Status as a Service", Why Networks Grow and Stop Growing, The Worst Design Choices Social Media Incumbents Have Made & The Next 10 Years of Media and the Metaverse
Insight
Eugene Wei: Decision-making mediums dictate outcomes and must match decision type
“I've come to think that the process or medium you choose to make a decision actually can affect what decision you make, and so it's really important, in my opinion, to choose the right process and medium for the decision. And different processes lead to differ…”
Eugene Wei Nov 22, 2021 ▶ 5:37 20VC: Eugene Wei on "Status as a Service", Why Networks Grow and Stop Growing, The Worst Design Choices Social Media Incumbents Have Made & The Next 10 Years of Media and the Metaverse
Insight
Eugene Wei: Network growth generalizes to 'come for X, stay for network'
“So you know that saying, come for the Tool, stay for the network. I think Chris Dixon formulated it about network products, including social networks. I tend to think that there's a generalizable form of that, which doesn't have to be tool. It's just come for …”
Eugene Wei Nov 22, 2021 ▶ 23:34 20VC: Eugene Wei on "Status as a Service", Why Networks Grow and Stop Growing, The Worst Design Choices Social Media Incumbents Have Made & The Next 10 Years of Media and the Metaverse
Insight
Wei: Intuition Is Data-Driven Knowledge Accumulated Over Time
“I think that in fact, our intuitions are informed by massive streams of data accumulated over many years of living in the world. We just don't have a way to describe what that is.”
Eugene Wei Nov 22, 2021 ▶ 42:20 20VC: Eugene Wei on "Status as a Service", Why Networks Grow and Stop Growing, The Worst Design Choices Social Media Incumbents Have Made & The Next 10 Years of Media and the Metaverse
Insight
Wei: Bezos encoded strategic messages to make them stick with employees
“Jeff realized, hey, I actually have to encode my messages and deliver them in a way which makes them memorable, and so I saw him evolve his way of communicating to the company in order to sort of really, like, harden his messages, to make them almost viral, to…”
Eugene Wei Nov 22, 2021 ▶ 11:19 20VC: Eugene Wei on "Status as a Service", Why Networks Grow and Stop Growing, The Worst Design Choices Social Media Incumbents Have Made & The Next 10 Years of Media and the Metaverse
Made with StarZero

Turn any episode into a week of clips.

This entire site, over 1,200 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.