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.

clear all ✕

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 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

Assertion Not checkable as stated
Koch Industries nets financial losses from dumb failures against employee value created
“Whereas if you had a dumb failure, and you lose ten million, you made twenty million, or you made twenty-five million over here, you get credit for 15. So we net it up.”
Charles Koch Jan 2, 2019 ▶ 20:42 a16z Podcast | The Business of Continual Change
Assertion Not checkable as stated
Koch: Employees can earn more than managers with no pay cap
“That has nothing to do with how much your manager, although he gets some of the credit for you performing well, but there's no max. We want everybody to make all they can. Based on the value they're creating.”
Charles Koch Jan 2, 2019 ▶ 17:10 a16z Podcast | The Business of Continual Change
Assertion Not checkable as stated
Charles Koch confirms Koch Industries reinvests 90% of earnings annually
“90%.”
Charles Koch Jan 2, 2019 ▶ 22:02 a16z Podcast | The Business of Continual Change
Assertion Not checkable as stated
Charles Koch: Koch Industries hires for values before talent
“Who we hire first on values and second on talent.”
Charles Koch Jan 2, 2019 ▶ 13:49 a16z Podcast | The Business of Continual Change
Assertion Not checkable as stated
Charles Koch: Koch Industries ignores academic credentials in hiring
“I'm not talking about credentials or what school. We couldn't care less.”
Charles Koch Jan 2, 2019 ▶ 13:56 a16z Podcast | The Business of Continual Change
Assertion Not checkable as stated
Koch: Koch Industries conducts 360-degree evaluations for all employees including CEO
“And so every supervisor is expected to go there, and we have the 360 degree evaluations of everybody, including me. I get feedback on my improvement plan every year, and it's a long list, so I won't bore you with all that.”
Charles Koch Jan 2, 2019 ▶ 16:37 a16z Podcast | The Business of Continual Change
Assertion Not checkable as stated
Koch: Fred Koch focused on liquidity for estate taxes
“He was mainly focused on saving enough liquidity, enough cash to pay for his death taxes.”
Charles Koch Jan 2, 2019 ▶ 6:08 a16z Podcast | The Business of Continual Change
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