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
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.”
Friedberg: Zymergen's collapse will cause widespread skepticism in synthetic biology
“It's really going to impact the industry broadly, because now people are going to say a lot of synthetic biology companies are smoke and mirrors, and they're really not there yet.”
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.”
David Sacks: Craft Ventures requires revenue before funding Series A rounds
“One of the reasons why we like SaaS and marketplace at Kraft is they're very milestone based. I mean, we, you know, if we invest before you have a functional product, it's going to be at a seed valuation, you know, like a 10 cap, ten million dollar valuation, …”