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 3 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
Stephens: Anduril Could Reach $100B With a Fraction of Lockheed's Revenue
“Andrew operates at higher margins, much faster growth rates. I think we could be worth Over a hundred billion dollars with a tiny fraction of Lockheed's revenue.”
Stephens: A Rebooted Defense Prime Could Be Worth Hundreds of Billions
“If you can actually be a next generation rebooted version of Lockheed Martin or Northrop Grumman, that company could be worth hundreds of billions of dollars.”
Stephens: There Will Likely Not Even Be Two Companies Like SpaceX
“There's not gonna be a hundred space X's. There's probably not going to be two space X's”
Stephens: Founders Fund Only Invests if a Deal Can Return the Fund
“At Founder's Fund, we won't do the investment if we don't believe it can return the fund.”
Stephens: Refuses Profitable Vice Investments Driving Dystopia
“And so as an investor, when I look at something and I'm like, yeah, this is a vice investment. Maybe it's probably going to make a lot of money because it leads to addiction or loneliness or You know, whatever. I don't want to be involved in that. I don't want…”
Stephens: Founders Fund Will Always Stick to Traditional Series A Strategy
“Our core vision is we just want to invest in the best founders, building the best companies that are going to be category, category defining. And I think you can do that through a very traditional venture model of, can we get a check into the series A and can …”
Stephens: Plans to Return to Government Civil Service Within 15 Years
“I am deeply committed to the idea of civil service. And I don't know if it's in five years or 10 years or 15 years, but at some point I want to be back as a public servant working for the good of our nation and our allies and partners.”