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 14 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 1 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
Clements: 95% of developers switch AI models daily
“And one of the things that we're learning is like 50% of developers switch model families on a daily basis and 95% of developers switch models on a daily basis.”
Clements: Cursor will build specialized coding models for enterprise users
“Cursor is going to build specialized coding models that are going to serve specialized coding tasks, especially for a lot of enterprise users.”
Clements: Anthropic and select private AI companies could reach $1T valuations
“I think that company and a small handful of companies in the private market today are operating on a different plane. You know, I think it is not bombastic to say that some of those businesses could be trillion dollar companies.”
Clements: Private equity firms will acquire overvalued 2021 tech startups
“I think it's probably a good time to be in the LBO business. I think it's probably a good time to be in the Toma Bravo Vista Blackstone KKR business. There will be homes for a lot of those companies, you know, who get themselves to a sustainable place and they…”
Clements: Generational AI opportunities and outcomes are just beginning
“Those companies will be bigger than the outcomes that I probably envisioned a year ago, and there is still time to be a part of some of them, and because, like, the innovation flywheel is just getting started. We are barely scratching the surface.”
Clements: 90% of Cursor users are daily active agent users
“90% of cursor users are daily active users of the agent product.”
Clements: Cursor's AI agent product usage grew 15x last year
“The agent product grew 15 X last year.”
Clements: Cursor cloud agent accounts for 35% of merged PRs
“You know, the cloud agent product, which was new as of like October 30th, so it's only been in market for three months, is now responsible for 35% of merged PRs in cursor.”
Clements: AI verticals will sustain multiple major winners, not monopolies
“But I also think the way that a number of these verticals are going to play out in a number of the AI categories, there's going to be a couple of really big companies and several of them.”
Clements: Anthropic's app surpassed OpenAI's ChatGPT in the App Store
“Yeah, I mean, they passed GPT in the app store.”
Clements: Cursor has 2x more agent users than tab autocomplete users
“There are two times more people using agents in cursor than using the tab feature.”
Clements: No company has ever built a single platform for engineering
“There has never been a platform company for engineering as a vertical and engineers are like, I mean, this is the fastest growing, most dynamic vertical there is, and no one has ever owned that.”
Clements: Accel invested in CrowdStrike at $160M valuation with $1M ARR
“The example I would point to is, you know, CrowdStrike. Samir Gandhi and John Locke intersected CrowdStrike when it was, you know, there was like a million dollars of software revenue and there was a nine million dollar consulting business, and like, that was …”
Clements: Public trillion-dollar market cap companies grew from zero to twelve
“A decade ago, there were zero companies worth a trillion dollars. Five years later, there were six public companies worth a trillion dollars. Today, there's a dozen companies worth a trillion dollars in the public market.”