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 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
Tim Harris: Uber is a business model innovation, not a tech company
“So the venture capitalists have been investing in mostly business model innovations as a distinction from technology innovations, and those are things like, when you think about it, Uber isn't really a tech company, right? They build a, an app, so they use tec…”
Harris: Many LIDAR investors lack necessary technical competency
“There are so many LIDAR companies, and there's, more importantly, there's so many investors who don't really have the competency to understand which LIDAR innovations are meaningful, and really what it even takes to make a LIDAR company successful, right?”
Harris: Silicon Valley startups break unit economics to chase rapid growth
“The big lie is fundamentally around unit economics. What I see out there in the market is people, they go out and they prove product market fit, right? They have a product or they have some business model innovation and it's going to work. The next question is…”
Harris: VCs care more about company size than profitability
“At the end of the day, I think everyone's just going to keep accepting this big lie, because as long as markets still appreciate size over return, they're going to continue to support these types of companies. And if you look at it, proof is in the pudding. Th…”