The Ledger, every show

Every statement that passed quotation and attribution checks, across all 44 shows. Pick shows below, then mix any filter with any other.

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20VC Assertion Supported
Chang: Energy companies claiming 100% renewable tariffs are lying
“So any energy company that's claiming their harm sent renewables is a complete lie. Right. They're simply buying renewable certificates, right, to claim the harm sent renewables, and it's completely false.”
Alan Chang Jan 5, 2026 ▶ 23:07 Fuse CEO Alan Chang: The Revolut Playbook of Speed & Ownership, Why Founders Aren’t Ambitious Enough · 20VC with Harry Stebbings
20VC Assertion Supported
Chang: Fuse Energy is generating over $400M in annualized revenue
“So the company is doing over four hundred million revenue, annualized revenue,”
Alan Chang Jan 5, 2026 ▶ 54:20 Fuse CEO Alan Chang: The Revolut Playbook of Speed & Ownership, Why Founders Aren’t Ambitious Enough · 20VC with Harry Stebbings
20VC Assertion Supported
Chang: Energy consumption per capita correlates strongly with quality of life
“There's actually, A very strong correlation between how much energy you use per capita and quality of life.”
Alan Chang Jan 5, 2026 ▶ 16:55 Fuse CEO Alan Chang: The Revolut Playbook of Speed & Ownership, Why Founders Aren’t Ambitious Enough · 20VC with Harry Stebbings
20VC Assertion Partly supported
Chang: UK energy consumption dropped 25% while China's grew 7x
“So if you look at energy consumption per capita in the last 25 years, UK has dropped 25%. In the US, it's been flat. In China, in the same period of time, it's gone up by seven times.”
Alan Chang Jan 5, 2026 ▶ 18:46 Fuse CEO Alan Chang: The Revolut Playbook of Speed & Ownership, Why Founders Aren’t Ambitious Enough · 20VC with Harry Stebbings
20VC Assertion Supported
Chang: China deploys more solar power than all Western economies combined
“In China, they deploy more solar than the all Western economies combined.”
Alan Chang Jan 5, 2026 ▶ 26:28 Fuse CEO Alan Chang: The Revolut Playbook of Speed & Ownership, Why Founders Aren’t Ambitious Enough · 20VC with Harry Stebbings
20VC Assertion Contradicted
Chang: Americans consume almost eight times more energy than Europeans
“The Americans use, you know, almost eight times more energy than Europeans and look at the quality of life.”
Alan Chang Jan 5, 2026 ▶ 17:01 Fuse CEO Alan Chang: The Revolut Playbook of Speed & Ownership, Why Founders Aren’t Ambitious Enough · 20VC with Harry Stebbings
20VC Assertion Supported
Chang: Electricity costs 25-30 cents in Europe, 10-15 in US, 8 in China
“So, like, if you look at the, what the Brits and Europeans pay in terms of, you know, cost per kilowatt, it's roughly 25 to 30 dollar cents. And the US is 10 to 15 dollar cents. In China, it's eight dollar cents.”
Alan Chang Jan 5, 2026 ▶ 25:35 Fuse CEO Alan Chang: The Revolut Playbook of Speed & Ownership, Why Founders Aren’t Ambitious Enough · 20VC with Harry Stebbings
20VC Assertion Partly supported
Chang: China has laid more grid cables than all Western economies combined
“They've laid more cables of grid than all Western economies combined.”
Alan Chang Jan 5, 2026 ▶ 26:41 Fuse CEO Alan Chang: The Revolut Playbook of Speed & Ownership, Why Founders Aren’t Ambitious Enough · 20VC with Harry Stebbings
20VC Assertion Supported
Fuse built its energy MVP with a $750K Scottish wind turbine
“So we found a single wind turbine in north of Scotland that the seller is willing to sell for 750 K. We found a license for 75 K. We convinced the former CEO of Ofgem to become an advisor with just equity and no cash. And my co-founder Charles became a qualifi…”
Alan Chang Jan 5, 2026 ▶ 49:25 Fuse CEO Alan Chang: The Revolut Playbook of Speed & Ownership, Why Founders Aren’t Ambitious Enough · 20VC with Harry Stebbings
20VC Assertion Partly supported
Chang: Crypto and trading revenues offset Revolut's COVID interchange collapse
“During the COVID lockdowns the interchange revenue, so, you know, revenue from people spending on cards, especially abroad, went basically near zero, right? However there was a lot of stimulus checks, right? From the COVID times and the stock market was boomin…”
Alan Chang Jan 5, 2026 ▶ 13:14 Fuse CEO Alan Chang: The Revolut Playbook of Speed & Ownership, Why Founders Aren’t Ambitious Enough · 20VC with Harry Stebbings
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