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
Wang: Hedge fund crossover 'tourists' have been wiped out of private markets
“Over the last few years, there have been a lot of tourists, as you know, a lot of tourists mostly on the hedge fund side who've dabbled in private markets and they've gotten burned. Those tourists are out of the market. We don't see them anymore.”
Wang: Tech IPO market will reopen in late 2024 or 2025
“I do expect the IPO markets to open, say back half of this year into next year.”
Wang: Tech CapEx is unprecedented due to $150B Big Tech cash flow
“You have never seen this level of investment because I think if you roll back to 1999, for example, the, you didn't have this mag seven that was throwing off, you know, one hundred and fifty billion of free cash flow and you can go invest gobs and gobs of mone…”
Wang: SCGE has had only one down year in 15 years
“Now we've been in business now, 15 years. We've had one down year over that 15 year timeframe.”
Wang: Post-COVID e-commerce growth reverted to pre-pandemic trend line
“One thing that we got wrong is a lot of things return back to pre-COVID. Humans don't really change that much or they change more slowly. And so e-commerce really returned back to the pre-COVID trend line.”