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
Botha: Sequoia-backed companies account for over 30% of NASDAQ value
“The companies in which we were private investors when they were little companies today account for over 30% of the total value of the Nasdaq.”
Friedberg: Rebalancing into top 10 NASDAQ stocks outperforms index 3x over a decade
“There was that study that showed if you bought, I'm sorry to interrupt, but if you bought the NASDAQ over a 10 year period, you get like a three X multiple or something quite significant. If you just rebalanced every year on the top 10 companies in the NASDAQ.…”
Sacks: Average venture funds underperformed the NASDAQ over the past decade
“If you look at the data, the recent data, say over the last decade or so, you don't want to be the average venture fund. You'd be a lot better off just being in the NASDAQ or in some other public stock market index, because A, your returns would be higher, and…”
Palihapitiya: Over 45% of NASDAQ stocks are down 50% from highs
“More than 45% of stocks on the NASDAQ are now down 50%, so basically one in two. More than 22% of stocks on the NASDAQ are down 75%, so almost one in four and more than one in five. And then more than five percent of stocks, so one in 20, on the Nasdaq are dow…”
Calacanis: Semiconductor index drops over 20% into bear market territory
“Well, NASDAQ's chip index, This is called the Philadelphia Semiconductor Index. It's down over 20% over the last month. That's bear market territory, obviously.”
Adena Friedman: Nasdaq grew from $2.5B revenue to over $2.5B EBITDA
“When I became CEO, we had about two and a half million billion dollars in revenue. Today, or as of the end of last year, we had a little over two and a half billion dollars of EBITDA.”
Friedman: Nasdaq's index business has $700B in tracking assets
“So our index business now has about seven hundred billion dollars of assets under management that are tied to those great innovators, in addition to creating better abilities for companies to navigate the public markets and investors to find find investments.”