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
Sacks: Callin is a better product than Yammer or PayPal
“It's the best product I've been involved in creating. It's better than Yammer. It's better than PayPal.”
Sacks: Salesforce offered $250M for Yammer before opting to build Chatter
“They were interested in buying the company for around two hundred fifty million dollars.”
Sacks: Current CMA rules would have stopped Yammer's UK office launch
“If you had told me at the time that that would subject our acquisition by Microsoft to the CMA over there, and that they would take some novel interpretation and go, hold up my deal, there's no way I would have wanted to open an office in the UK.”
Sacks: Bottom-up SaaS products require sales teams to close enterprise deals
“The big learning from Yammer you know, we learned this at Yammer from 2008 to 2012 is that enterprises don't self-serve, right? They don't self-close. Bottom up, SAS products are phenomenal for generating top of funnel, basically generating leads, but you have…”
Chamath: Social Capital portfolio liquidity takes 11 to 13 years
“So other than that, I've never really had a company that has generated liquidity in year five, six, or seven. They've always generated, if they've generated it at all, in years 1112, and 13.”
Palihapitiya: Yammer investment returned one-third of his first fund
“Nine months later, he sells to Microsoft, And I returned a third of my first fund.”
Sacks: Salesforce initially priced Chatter at $15 per seat versus Yammer's $5
“He launched his product to kind of be a clone of Yammer inside of Salesforce, but he was initially Charging 15 dollars per seat. We were charging like five.”