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 13 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
Doerr: Carbon accounting will be a more important currency than Bitcoin
“Everyone will do carbon accounting. Governments will do carbon accounting. They will score legislation for carbon. It's a new currency, a more important currency, I dare say, than Bitcoin is.”
Doerr: Enphase gains covered Kleiner's losses across six failed solar investments
“We invested in seven solar companies. The Chinese crushed six of them, all six of which made solar panels. The seventh one made microinverters. It's name is Enphase, and the gains from Enphase made up for the losses across all the rest of the solar investments”
Doerr: The planet will never be cooler than it is today
“This is a new abnormal, and it's going to get worse In the best of all possible cases. The planet will never be cooler tomorrow than it is today.”
Doerr: The climate crisis is the greatest economic opportunity this century
“And I do think that this Climate crisis is, ah, the greatest opportunity of our lifetimes. It'll be the greatest opportunity of the coming century.”
Doerr: Governments are the biggest obstacle to solving the climate crisis
“The governments are the biggest problem. And if the governments don't change, if they don't up the level of ambition and urgency, simply put, we're screwed. We will not succeed.”
Doerr: Not every venture capital fund should be a climate fund
“So every fund should not be a climate fund. That's my first piece of advice.”
Doerr: Kleiner Perkins turned $1B in climate investments into $3B
“Over the course of three or four funds, we invested about a billion dollars in 70 or so climate-related investments. Those investments On an as-of-held basis today are worth about three billion dollars.”
Doerr: Kleiner Perkins bought 12% of Google for $12 million
“Twelve million dollars bought 12% of Google, which is today as a company worth several trillion dollars.”
Doerr: EVs will reach price parity in the US by 2024
“This is key result one dot one to achieve price performance parity with internal combustion engine vehicles in the US by 2024. That means they cost 35,000 dollars and in India and China importantly by 2030 where the cost target has to be 11,000 dollars.”
Doerr: Great board members bring three to five questions to every meeting
“What I've long believed is that the best thing a good board member can do is. Bring three to five questions for a meeting. Have maybe half of those be questions that the team hasn't thought about, and have one of them be truly useful. So I think being a good b…”
Doerr: Amazon almost ran out of cash after going public
“That, by the way, was true also of Amazon. Amazon almost ran out of cash after it was public as well.”
Doerr: Kleiner Perkins turned a $29M Enphase investment into $1B
“We invested, Kleiner did, twenty-nine million dollars in Enphase. Ben Cordlang led the investment for our partnership. That 29 million dollar investment Today is worth a billion dollars, and it is the leading maker of microinverters.”