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 8 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
Jin: ISAs force education providers to shorten programs and focus on employability
“And the result of that business model is that The programs themselves then are changing to sort of drive that positive outcome for everyone. So the programs are getting shorter because they're incentivized to get that payback sooner. They're incentivized to ac…”
Li Jin: Top marketplace companies face constrained supply rather than demand
“One of our observations about the best marketplace investments and the best marketplace companies are that they tend to be marketplaces that have more constrained supply than demand. So the biggest marketplace outcomes that we've seen, or the biggest marketpla…”
Jin: Lower-tier colleges are prime targets for edtech disruption
“I think brand is a huge piece of what's protecting traditional institutions from being disrupted. And I think brand is very closely coupled with exclusivity. So at the lower levels where the brand is less strong, I think that is a prime target for disruption a…”
Jin: Liberal arts degrees function as high-cost luxury consumer products
“Liberal arts education, and things that perhaps aren't as practically useful. But I think they are somewhat luxury goods, like they're very expensive products that some people want to pay a premium for, and maybe they're not completely useful, but like there's…”
Jin: Traditional alumni donation models are Income Share Agreements on steroids
“I think of that business model as like income share on steroids, where instead of just monetizing for this fixed window for the student's life when they first get out of school, you're actually potentially capturing the upside as they grow their income through…”
Li Jin: Directory marketplace models fail for high-trust service categories
“Listings, it's not only tedious and a lot of work for consumers there were also problems with trust, so for services that required some component of trust where you were potentially letting someone into your home or letting someone interact with your child, it…”
Li Jin: On-demand marketplaces require simple, atomic transactions for algorithmic matching
“And so the on demand model of marketplaces was really conducive to simple services that were very atomic and simple transactions that could you could do matching for in a very quick algorithmic way without, you know, matching on various different complex dimen…”
Li Jin: 'Uber for X' startups failed by misapplying the on-demand model
“Where a lot of the startups that were trying to become Uber for X didn't ultimately end up lasting and surviving as standalone companies, and we think that that's because the model got applied probably a bit too liberally to service categories that weren't as …”