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
Friedberg: Zymergen raised $400M from SoftBank before disclosing zero revenue post-IPO
“Raised a four hundred million dollar round from SoftBank, took the company public. Then they go public, and a few weeks later, they're like, oh, wait, sorry, we don't actually have any product or any revenue.”
Chamath: Over half of Vision Fund's Middle East capital is preferred equity
“More than half their investment is in preferred equity, which is effectively debt that pays a coupon.”
Friedberg: Zymergen sold for $300M after raising $1.5B
“Zymergen being acquired for three hundred million dollars comes off of them having raised a total of one and a half billion dollars of capital from many investors, including SoftBank and in their IPO, since they were founded in 2013.”
Calacanis: SoftBank selling Uber stake to cover Didi losses
“SoftBank is clearing a bunch of its Uber position to cover their losses in DD.”
Travis Kalanick says Saudi Arabia invested $3.5B before the Vision Fund existed
“We did stuff with the Saudis, Before even Vision Fund existed, they stroked a three and a half billion dollar check when that was like the biggest thing that ever happened.”
Friedberg: SoftBank invested $16.9 billion total into WeWork in equity and debt
“SoftBank put in a total of 16.9 billion dollars in equity and debt.”