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 16 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
Schrömgens: Trivago eliminated corporate job titles to remove artificial power dynamics
“We don't have titles in the company because we think like title is just a very artificial manifestation of power, yeah, and you don't need that actually”
Schrömgens: Trivago replaces single-manager hierarchy with three specialized leadership roles
“We identified three different types of leaders. So we don't have one leader anymore and one clear career in one direction. We have actually three leaders.”
Schrömgens: Trivago mandates leader mobility across departments to stop empire building
“For responsibility leads now, we included a model that if you want to take more responsibility, you have to be also ruling in this situation to any time change your responsibility. So we have a model where, where you basically, we always say like you should be…”
Schrömgens: Tech market will not repeat the 1999 dot-com crash
“And I think today we are definitely in a different stage of that market. So I think there is probably less volatility today. So I would not assume that the same thing happens today again that happened 15 years ago or so, yeah?”
Schrömgens: Syndicates drive transparency but suffer from free-rider problems
“I think it's definitely one model which drives transparency, right? I would think it's not probably the most effective one. I mean, you know, I mean, you have always free rider problems in such a situation”
Schrömgens: Accelerating disruption will eliminate multi-decade corporate lifespans
“I think what we've seen in the past, I think that was only a first idea what's coming up in the next 20 years. So basically disruption will go faster and faster. So, so we will not see in the future cycles of companies like being 20, 50 or a hundred years old.”
Schrömgens: Traditional B2B banking models must change as company lifespans shrink
“If you're saying the lifetime of a company becomes shorter and shorter and shorter, I think the model of the classical banks, at least a B to B model of classical banks, I think that it has to change. It has to definitely change.”
Schrömgens: Integrating dynamic startups into legacy corporates destroys their momentum
“So, so in the moment where you interact with a company, which is small company growing with lots of dynamic capabilities, and you start to integrate them, basically they lose their culture. They lose their power to go ahead. And with that, you basically also l…”
Schrömgens: European analysts cover too many companies to offer deep research
“I think that's a little bit different in, in Europe actually. Yeah. So, but it's not because there would not be also competent banks in Europe, but it just, they cannot focus so much. Right. So, I mean, they have to cover often way more different companies. An…”
Schrömgens: Modern businesses cannot productively make five-year plans
“You cannot, the times in which you were able to plan five years ahead are definitely over, and in the moment where you try it, you are not productive anymore.”
Schrömgens: Valuations and transparency drop moving away from Silicon Valley
“The more you're going from the centers of venture capital, you know, like we're going from Silicon Valley, you're going from Silicon Valley to New York, you're going from New York to London, you're going from London to Berlin, from Berlin to Lisbon, from Lisbo…”
Schrömgens: Global startup valuation gaps between tech hubs will shrink
“Because the world is becoming more efficient, and we have more information, so I think that is something that Is a development, and in the future, I think we will see less of that.”
Schrömgens: Zero of 80 sailboat makers successfully transitioned to steamboats
“I think it just turned that 80 companies or so of the 80 companies who built, built sailboats, basically there was Not even one who was a successful steamboat builder.”
Schrömgens: All of Trivago's direct peers were listed in the US
“Looking at Trivago business model, there is a set of Peers. So, so set of company who you would say like in the same space as us, every single one of them is listed in the U S yeah. So there is none of them is really listed in Europe.”