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 5 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 Supported
Janeway: Billions wasted in mid-2000s VC nanotech and cleantech investments
“Back in the mid-aughties some billions of dollars were wasted in venture guys investing in nanotechnology. Venture guys investing in science for ultimately Clean tech opportunities, but that were way upstream, that took much too long, much too much money, and …”
Bill Janeway Jan 2, 2019 ▶ 26:24 a16z Podcast | Good Bubbles, Bad Bubbles -- and Where Unicorns Come from
Assertion Supported
Janeway: Only four quarters between 2005 and 2019 saw 20+ venture IPOs
“Since then, we've had all of about four quarters in 15 years when there have been as many as 20 venture capital backed IPOs.”
Bill Janeway Jan 2, 2019 ▶ 7:58 a16z Podcast | Good Bubbles, Bad Bubbles -- and Where Unicorns Come from
Assertion Contradicted
Janeway: Venture-backed IPOs averaged 30 per quarter from 1980 to 2005
“From 1980, this is my own data, this data published in peer-reviewed journals, from 1980 to 2005, The average number of venture-backed IPOs per quarter was about 30, with a standard deviation of 10.”
Bill Janeway Jan 2, 2019 ▶ 7:24 a16z Podcast | Good Bubbles, Bad Bubbles -- and Where Unicorns Come from
Assertion Partly supported
Janeway: Real mean and median IPO valuations tripled post-dot-com
“One clue is that the mean and median value of an IPO has more than tripled since the dot com, in real terms.”
Bill Janeway Jan 2, 2019 ▶ 9:06 a16z Podcast | Good Bubbles, Bad Bubbles -- and Where Unicorns Come from
Assertion Supported
Janeway: NVCA data shows M&A rising as venture IPOs remain suppressed
“If you look at the data, look at the NVCA data, the proportion and the value per transaction of M&A has kind of gone up as the number of IPOs for venture-backed companies has gone down and stayed down.”
Bill Janeway Jan 2, 2019 ▶ 23:18 a16z Podcast | Good Bubbles, Bad Bubbles -- and Where Unicorns Come from
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