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 4 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

Assertion Partly supported
Okta was Andreessen Horowitz's first fund investment check in 2009
“We were the first check that they wrote out of their first fund. In the summer of 2009 was into our seed round, and then obviously they led our series A in 2010.”
Frederic Kerrest May 3, 2019 ▶ 22:52 20VC: Okta Founder Frederic Kerrest on Why You Want To Be A Monopolist In A Small Market, The Biggest Challenges in Scaling Okta To IPO and Being a16z's First Ever Fund Check
Assertion Supported
Okta pivoted from small businesses to mid-market and enterprise in 2011
“We went from focusing on small, medium businesses to focusing more on mid-market companies and a little bit upscale because those companies, A, had more pain, B, they had more budget, and C, they were looking for solutions like the ones we had”
Frederic Kerrest May 3, 2019 ▶ 16:25 20VC: Okta Founder Frederic Kerrest on Why You Want To Be A Monopolist In A Small Market, The Biggest Challenges in Scaling Okta To IPO and Being a16z's First Ever Fund Check
Assertion Not checkable as stated
Okta revenue performance in 2011 was flat despite aggressive projections
“Frankly, if I look back at 20 11 and I look at what our revenue projections were versus how they actually ended up, the projections, of course, were up and to the right. The results were actually pretty flat.”
Frederic Kerrest May 3, 2019 ▶ 13:31 20VC: Okta Founder Frederic Kerrest on Why You Want To Be A Monopolist In A Small Market, The Biggest Challenges in Scaling Okta To IPO and Being a16z's First Ever Fund Check
Prediction Didn’t hold up
Kerrest: Okta planned to hire over 900 people in 2019
“And look, in a high growth environment, we have to hire, you know, north of 900 people this year.”
Frederic Kerrest May 3, 2019 ▶ 29:01 20VC: Okta Founder Frederic Kerrest on Why You Want To Be A Monopolist In A Small Market, The Biggest Challenges in Scaling Okta To IPO and Being a16z's First Ever Fund Check
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