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 4 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
Chamath: Reported venture capital IRRs are 'bullshit' unrealized paper markups
“They're not. These are all markups. Paper markups. These are not distributed. These are all bullshit numbers.”
Sacks reveals Carta SaaS generated $250 million while brokerage made $3 million
“The SAS business is doing something like two hundred fifty million a year of revenue and the broker business was only doing a few million. Yeah. Three million.”