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
Crypto will disrupt traditional political institutions and government functions
“The crypto revolution is going to disrupt all kinds of political institutions that, that you really, we just have to wake up and remember They didn't come out of the burning bush.”
Patrick Byrne predicts a 2008-level economic crisis within two to three years
“I also think there's going to be quite soon a big, in the next two or three years, a big disruption in our economy. I think in oh eight or worse is going to happen, and with each disruption, people will shift farther into online, and then it ratchets.”
Byrne: Overstock is 10% cheaper on average than Amazon
“In many ways, we're like Amazon, except I like to say about 10% cheaper on average, and with better customer service, as several industry groups have certified.”
Overstock ran a $500M+ business with just 13 developers in 2005
“We actually didn't have the skill sets back in Oh five Oh six. We had 13 developers. We were a five, six hundred million dollar company with 13 developers.”
Overstock liquidated 19 startups funded by the VCs who rejected Patrick Byrne
“We went in and liquidated 19 companies that had been funded by the same Fellows who turned us down.”
Overstock launched a partner drop-shipping marketplace years before Amazon
“And thus began our partner program. We were the first to the market with it. Amazon followed a couple years later.”
WSJ named Patrick Byrne among five people who foresaw the 2008 crisis
“The Wall Street Journal wrote a story at the end of a wait saying, okay, there were five guys who figured this out and, you know, Nassim Taleb and Patrick Byrne.”
Patrick Byrne was rejected by 85 VCs while pitching Overstock
“I was turned down by 85 venture capitalists. At the height of the dot-com boom, when folks were dropping out of Stanford Business School on a one-paragraph business plan, raising a hundred million dollars, here I had run some companies. I had, I thought I had …”