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 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
George: a16z is lenient on AI startup gross margins expecting cost drops
“Relative to like mature SaaS apps, we probably are a little bit more lenient on assessing a company's gross margin today, because we strongly believe that their input costs are going to go down over time.”
George: Portfolio Coding Startups Will Instantly Switch Models for Better Performance
“If there's a new coding model that comes along, that's better than the latest version from Anthropic, like, Our coding companies will just switch and it's pretty easy to do because it's an API call.”
George: a16z was the first outside investor in xAI after Elon Musk
“XAI. First outside money in beyond Elon.”
George: a16z's best-performing early-stage venture funds have a 60% loss rate
“And so, you know, if you look at our best performing venture funds, Over time, I think the loss rate is 60% or so.”
George: a16z backs dev tools that AI agents will prefer buying
“This is, this has actually informed our investment thesis in a few investments recently.”
a16z looks for 90%+ gross retention when evaluating software startup business models
“If you made me pick two top line stats to look at, to assess the business model, it would be gross retention rate... And so we look for things where like 90% plus customers are sticking around, and hopefully they're expanding their usage.”