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 9 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
Jeff Jordan: Eastern European organized crime drove early eBay and PayPal fraud
“Most of the fraud on eBay and PayPal was organized crime, typically out of Eastern Europe. Where they had incredibly talented computer science professionals who lacked a lot of commercial opportunity.”
Armstrong: Bitcoin GitHub repositories outpace traditional payment systems like PayPal
“There's about 6000 total to date, which is outpacing the number of GitHub repositories for other common payment systems like PayPal.”
Jordan: Early PayPal and Facebook social commerce partnerships failed to gain traction
“PayPal did a few deals in back at the beginning of the decade with the Facebook and, you know, felt like, okay, there you have money there. You have social graph. We have social commerce, right? Well, it just, it hasn't worked that way.”
Thiel: PayPal reached break-even in September 2001, first post-9/11 IPO filing
“We got to break even in September, 2001. We were the first company in the U.S. To file after nine 11, filed end of September.”
Thiel: PayPal Raised $100M Days Before Dot-Com Crash
“And so we closed on, yeah, we closed on a hundred million on Friday, March 31st, and the following Monday, the bottom fell out of the market.”
Thiel: PayPal Scaled From 100k to 1M Users in 10 Weeks
“The customer base was growing at sort of a five to seven percent daily compounding rate. It had hit a 100,000 users in, on February third, 2000, and got to a million by mid-April of 2000.”
Rampell: eBay bought PayPal because its internal payment tool failed
“They had their own bill payment thing that they developed later, which didn't really work, and that's why they bought PayPal, but it was all COD.”
Hindman: Twitter, Airbnb, Netflix, and PayPal run on Mesos
“The open source components that, that make up a large part of the DCOS are used by a large number of companies today. Some of the biggest users out there are companies like Twitter Airbnb, HubSpot, eBay, and PayPal are using it for running things. Netflix is u…”