| 8% | “eight percent” | Gurley: 85% of CIOs increase AI spend despite flat budgets | Bill Gurley | Jun 10, 2024 | Supported |
| 10% | “10%” | Gurley: 85% of CIOs increase AI spend despite flat budgets | Bill Gurley | Jun 10, 2024 | Supported |
| 92% | “92%” | Gurley: 85% of CIOs increase AI spend despite flat budgets | Bill Gurley | Jun 10, 2024 | Supported |
| 85% | “85%” | Gurley: 85% of CIOs increase AI spend despite flat budgets | Bill Gurley | Jun 10, 2024 | Supported |
| 5% | “five percent” | Gerstner: Duolingo fell 4-5% following OpenAI's GPT-4o demo | Brad Gerstner | May 16, 2024 | Partly supported |
| 54% | “54%” | Gerstner: 54% of software companies issued forward guidance below consensus | Brad Gerstner | May 16, 2024 | Supported |
| 1M | “a million” | Madra: Llama 3 70B is over 10x cheaper than GPT-4 | Sundeep Madra | Apr 29, 2024 | Partly supported |
| 10× | “10 times” | Madra: Llama 3 70B is over 10x cheaper than GPT-4 | Sundeep Madra | Apr 29, 2024 | Partly supported |
| 50% | “50%” | Gerstner: Over 50% of OpenAI's revenue comes from consumers | Brad Gerstner | Apr 29, 2024 | Supported |
| 80% | “80%” | Gurley: Consumer AI Tools Lack Differentiation Needed to Reach Escape Velocity | Bill Gurley | Apr 29, 2024 | — |
| 100M | “a hundred million” | Gerstner: Closed AI model startups besides OpenAI will struggle to raise funding | Brad Gerstner | Apr 29, 2024 | — |
| 64% | “64%” | Gerstner: 64% of Fortune 500 companies use Azure OpenAI | Brad Gerstner | Apr 29, 2024 | Supported |
| 82% | “82%” | Madra: 82% of enterprises use or plan to use open-source AI | Sundeep Madra | Apr 29, 2024 | Contradicted |
| 83% | “83%” | Gerstner: 83% of CIOs plan to repatriate workloads on-prem | Brad Gerstner | Apr 29, 2024 | Supported |
| 49% | “49%” | Gerstner: 83% of CIOs plan to repatriate workloads on-prem | Brad Gerstner | Apr 29, 2024 | Supported |
| 43% | “43%” | Gerstner: 83% of CIOs plan to repatriate workloads on-prem | Brad Gerstner | Apr 29, 2024 | Supported |
| 1B | “a billion” | Gerstner: Wearable AI devices are one year away from capable on-device models | Brad Gerstner | Apr 29, 2024 | — |
| 500M | “five hundred million” | Gerstner: Wearable AI devices are one year away from capable on-device models | Brad Gerstner | Apr 29, 2024 | — |
| 22B | “twenty two billion” | Gerstner: Meta raised net income to $55B while cutting headcount to 69K | Brad Gerstner | Apr 29, 2024 | Partly supported |
| 55B | “fifty five billion” | Gerstner: Meta raised net income to $55B while cutting headcount to 69K | Brad Gerstner | Apr 29, 2024 | Partly supported |
| 5B | “a four billion” | Gerstner: Azure AI hits $4B run rate with 7% growth contribution | Brad Gerstner | Apr 29, 2024 | Supported |
| 7% | “seven percent” | Gerstner: Azure AI hits $4B run rate with 7% growth contribution | Brad Gerstner | Apr 29, 2024 | Supported |
| $1B | “a billion dollars” | Gerstner: At least six billion-dollar M&A deals are actively being courted | Brad Gerstner | Apr 18, 2024 | — |
| 50% | “50%” | Gerstner: Median software IPO over past decade had $185M revenue, 50%+ growth | Brad Gerstner | Apr 18, 2024 | Supported |
| 5M | “five million” | Gurley: Baseline annual cost of being public is $2M to $5M | Bill Gurley | Apr 18, 2024 | Supported |
| $40B | “forty billion dollars” | Gerstner: Instacart hit $40B privately before IPOing around $6B | Brad Gerstner | Apr 18, 2024 | Partly supported |
| $6B | “six billion dollars” | Gerstner: Instacart hit $40B privately before IPOing around $6B | Brad Gerstner | Apr 18, 2024 | Partly supported |
| 1K | “a thousand” | Gerstner: Over 1,000 unicorns must still exit through the market system | Brad Gerstner | Apr 18, 2024 | Supported |
| $1B | “a billion dollars” | Gerstner: Over 1,000 unicorns must still exit through the market system | Brad Gerstner | Apr 18, 2024 | Supported |
| 1B | “a billion” | Gerstner: Institutional LPs Cannot Easily Sell Multi-Billion ByteDance Stakes | Brad Gerstner | Apr 18, 2024 | — |
| 3B | “a two billion” | Gerstner: Institutional LPs Cannot Easily Sell Multi-Billion ByteDance Stakes | Brad Gerstner | Apr 18, 2024 | — |
| 1B | “a billion” | Gerstner: Tesla FSD surpassed 1B miles, adding 1B per month | Brad Gerstner | Apr 18, 2024 | Partly supported |
| 1B | “a billion” | Gurley: Aurora lost $2B two years ago and $1B last year | Bill Gurley | Apr 18, 2024 | Supported |
| 5% | “five percent” | Gurley: Around 5% of Uber's US Gross Revenue Goes to Insurance | Bill Gurley | Apr 18, 2024 | — |
| 7% | “seven percent” | Gerstner: Robotaxis Will Increase Rideshare Net Margins to 12-14% | Brad Gerstner | Apr 18, 2024 | — |
| 14% | “14%” | Gerstner: Robotaxis Will Increase Rideshare Net Margins to 12-14% | Brad Gerstner | Apr 18, 2024 | — |
| 5B | “five billion” | Gurley: Sam Altman's Energy Compute Framing Is Jobsian-Level Promotion | Bill Gurley | Apr 4, 2024 | — |
| 4% | “four percent” | Gerstner: US Data Center Power Consumption Projected to Reach 18% by 2030 | Brad Gerstner | Apr 4, 2024 | Open |
| 19% | “19%” | Gerstner: US Data Center Power Consumption Projected to Reach 18% by 2030 | Brad Gerstner | Apr 4, 2024 | Open |
| 3M | “three million” | Gerstner: Cheap Calcium CT Scans Are Blocked by Washington Lobbying | Brad Gerstner | Apr 4, 2024 | — |
| 6.1× | “6.1 times” | Gerstner: Public Software Trades at 6.1x Revenue, Below 10-Year Average | Brad Gerstner | Apr 4, 2024 | Partly supported |
| 6.9× | “6.9 times” | Gerstner: Public Software Trades at 6.1x Revenue, Below 10-Year Average | Brad Gerstner | Apr 4, 2024 | Partly supported |
| 10% | “10%” | Gurley: Startup option dilution drops from ~10% early on to ~3% near IPO | Bill Gurley | Mar 21, 2024 | — |
| 3% | “three percent” | Gurley: Startup option dilution drops from ~10% early on to ~3% near IPO | Bill Gurley | Mar 21, 2024 | — |
| 4% | “four percent” | Gurley: Black-Scholes values one RSU at roughly 2.5 to 3 options | Bill Gurley | Mar 21, 2024 | — |
| 1.2% | “1.2%” | Gurley: Black-Scholes values one RSU at roughly 2.5 to 3 options | Bill Gurley | Mar 21, 2024 | — |
| 20% | “20%” | Gurley: RSUs misalign management by preserving equity value during stock drops | Bill Gurley | Mar 21, 2024 | — |
| 80% | “80%” | Gurley: RSUs misalign management by preserving equity value during stock drops | Bill Gurley | Mar 21, 2024 | — |
| 2.8B | “2.8 billion” | Gurley: Microsoft's $11 billion annual SBC is only 0.35% dilution | Bill Gurley | Mar 21, 2024 | Partly supported |
| 11B | “eleven billion” | Gurley: Microsoft's $11 billion annual SBC is only 0.35% dilution | Bill Gurley | Mar 21, 2024 | Partly supported |
| 11.2B | “11.2 billion” | Gurley: Microsoft's $11 billion annual SBC is only 0.35% dilution | Bill Gurley | Mar 21, 2024 | Partly supported |
| 3T | “three trillion” | Gurley: Microsoft's $11 billion annual SBC is only 0.35% dilution | Bill Gurley | Mar 21, 2024 | Partly supported |
| 10% | “10%” | Gurley: Microsoft's $11 billion annual SBC is only 0.35% dilution | Bill Gurley | Mar 21, 2024 | Partly supported |
| 1% | “one percent” | Gurley: Microsoft's $11 billion annual SBC is only 0.35% dilution | Bill Gurley | Mar 21, 2024 | Partly supported |
| 20% | “20%” | Gerstner: Only 10 of 50 tech companies keep SBC under 20% FCF | Brad Gerstner | Mar 21, 2024 | — |
| 35% | “35%” | Mylod: Sinking 35% of free cash flow into SBC destroys company value | Bob Mylod | Mar 21, 2024 | — |
| 1% | “one percent” | Mylod: Sinking 35% of free cash flow into SBC destroys company value | Bob Mylod | Mar 21, 2024 | — |
| 2% | “two percent” | Mylod: Sinking 35% of free cash flow into SBC destroys company value | Bob Mylod | Mar 21, 2024 | — |
| 87% | “87%” | Gurley: Gary Steele cut Splunk's stock participation from 87% to 15% | Bill Gurley | Mar 21, 2024 | Contradicted |
| 1.5% | “1.5%” | Gurley: Netflix dilutes its share count by only 1.5% per year | Bill Gurley | Mar 21, 2024 | Supported |
| 22B | “twenty two billion” | Gerstner: Nvidia 2023 data center revenue beat initial consensus by over 4x | Brad Gerstner | Mar 7, 2024 | Partly supported |
| 96B | “Ninety six billion” | Gerstner: Nvidia 2023 data center revenue beat initial consensus by over 4x | Brad Gerstner | Mar 7, 2024 | Partly supported |
| 10× | “10 X” | Gerstner: Tesla FSD 12 model improves 5x to 10x faster monthly than prior systems | Brad Gerstner | Mar 7, 2024 | — |
| 99% | “99%” | Gerstner: 99% of vehicle data never gets sent back to Tesla | Brad Gerstner | Mar 7, 2024 | — |
| 1.5K | “a half thousand” | Gerstner: Tesla earns $2,500 per car with 7% FSD penetration | Brad Gerstner | Mar 7, 2024 | Not publicly verifiable |
| 7% | “seven percent” | Gerstner: Tesla earns $2,500 per car with 7% FSD penetration | Brad Gerstner | Mar 7, 2024 | Not publicly verifiable |
| 100B | “a hundred billion” | Gurley: Operating a robotaxi fleet service requires $100B in CapEx | Bill Gurley | Mar 7, 2024 | — |
| $6B | “six billion dollars” | Gurley: Tesla pay package plaintiff lawyers are seeking $5B–$6B in fees | Bill Gurley | Mar 7, 2024 | Supported |
| 70% | “70%” | Gurley: Tesla's 2018 compensation package had 70% shareholder approval | Bill Gurley | Mar 7, 2024 | Partly supported |
| 40% | “40%” | Gerstner: Tech stock gains in early 2024 are concentrated in Meta and Nvidia | Brad Gerstner | Feb 22, 2024 | Supported |
| 4% | “four percent” | Gerstner: Tech stock gains in early 2024 are concentrated in Meta and Nvidia | Brad Gerstner | Feb 22, 2024 | Supported |
| 1% | “one percent” | Gerstner: Tech stock gains in early 2024 are concentrated in Meta and Nvidia | Brad Gerstner | Feb 22, 2024 | Supported |
| 4% | “four percent” | Gerstner: Google search query growth slowed to 4% per year | Brad Gerstner | Feb 22, 2024 | — |
| 13% | “13%” | Gerstner: Google search query growth slowed to 4% per year | Brad Gerstner | Feb 22, 2024 | — |
| 17% | “17%” | Gerstner: Google search query growth slowed to 4% per year | Brad Gerstner | Feb 22, 2024 | — |
| 10× | “10 X” | Gerstner: AI search query answers cost 10x more than 10 blue links | Brad Gerstner | Feb 22, 2024 | — |
| 50% | “50%” | Gerstner: Google search market share and gross margins will decline | Brad Gerstner | Feb 22, 2024 | — |
| 60% | “60%” | Gerstner: Google search market share and gross margins will decline | Brad Gerstner | Feb 22, 2024 | — |
| 99% | “99%” | Gerstner: Google search market share and gross margins will decline | Brad Gerstner | Feb 22, 2024 | — |
| 14% | “14%” | Gerstner: Google trades at the lowest P/E and growth rate among MANG peers | Brad Gerstner | Feb 22, 2024 | Supported |
| 12% | “12%” | Gerstner: Google trades at the lowest P/E and growth rate among MANG peers | Brad Gerstner | Feb 22, 2024 | Supported |
| 42% | “42%” | Gerstner: Google trades at the lowest P/E and growth rate among MANG peers | Brad Gerstner | Feb 22, 2024 | Supported |
| 11% | “11%” | Gerstner: Google trades at the lowest P/E and growth rate among MANG peers | Brad Gerstner | Feb 22, 2024 | Supported |
| 21× | “21 times” | Gerstner: Google trades at the lowest P/E and growth rate among MANG peers | Brad Gerstner | Feb 22, 2024 | Supported |
| 18× | “18 times” | Gerstner: Google trades at the lowest P/E and growth rate among MANG peers | Brad Gerstner | Feb 22, 2024 | Supported |
| 10B | “ten billion” | Gerstner: On-device AI models will unlock a huge Apple upgrade cycle | Brad Gerstner | Feb 22, 2024 | — |
| 55% | “55%” | Gerstner: Nvidia's $700 consensus price assumes market share drops to 26% | Brad Gerstner | Feb 22, 2024 | — |
| 26% | “26%” | Gerstner: Nvidia's $700 consensus price assumes market share drops to 26% | Brad Gerstner | Feb 22, 2024 | — |
| 70% | “70%” | Levie: Box serves 115,000 customers and 70% of the Fortune 500 | Aaron Levie | Feb 8, 2024 | Supported |
| 10× | “10 times” | Gurley: Silicon Valley has the "crudest, least intelligent" view of valuation | Bill Gurley | Feb 8, 2024 | — |
| 10% | “10%” | Levie: Applying identical multiples to 5% and 90% margin businesses is crazy | Aaron Levie | Feb 8, 2024 | — |
| 90% | “90%” | Levie: Applying identical multiples to 5% and 90% margin businesses is crazy | Aaron Levie | Feb 8, 2024 | — |
| 95% | “95%” | Levie: Applying identical multiples to 5% and 90% margin businesses is crazy | Aaron Levie | Feb 8, 2024 | — |
| 10× | “10 X” | Levie: Applying identical multiples to 5% and 90% margin businesses is crazy | Aaron Levie | Feb 8, 2024 | — |
| 100× | “hundred X” | Levie: Applying identical multiples to 5% and 90% margin businesses is crazy | Aaron Levie | Feb 8, 2024 | — |
| 60% | “60%” | Levie: Gross margins structurally dictate whether a company achieves software operating margins | Aaron Levie | Feb 8, 2024 | — |
| 3× | “three times” | Gerstner: Public markets value revenue growth at 3x free cash flow margin | Brad Gerstner | Feb 8, 2024 | Supported |
| 90% | “90%” | Levie: Software firms with 90% retention cannot reach high-margin cash flow | Aaron Levie | Feb 8, 2024 | — |
| 100M | “a hundred million” | Gurley: Software product-market fit typically plateaus around $100M to $200M ARR | Bill Gurley | Feb 8, 2024 | — |
| 200M | “two hundred million” | Gurley: Software product-market fit typically plateaus around $100M to $200M ARR | Bill Gurley | Feb 8, 2024 | — |
| 25% | “25%” | Gerstner: Meta video engagement grew 25% year-over-year driven by AI | Brad Gerstner | Feb 8, 2024 | Supported |
| 15B | “fifteen billion” | Gerstner: Big Three Cloud Providers Set Record $15B Net New ARR | Brad Gerstner | Feb 8, 2024 | Supported |
| 90% | “90%” | Levie: Zero enterprise CIOs are even 90% migrated to the cloud | Aaron Levie | Feb 8, 2024 | — |
| 99% | “99%” | Gerstner: Google faces an innovator's dilemma moving from search ads to answers | Brad Gerstner | Feb 8, 2024 | — |
| 110% | “110%” | Gerstner: Google faces an innovator's dilemma moving from search ads to answers | Brad Gerstner | Feb 8, 2024 | — |
| 100% | “100%” | Levie: Google's business model in AI could be as good or better | Aaron Levie | Feb 8, 2024 | — |
| 60% | “60%” | Gurley: Moving search from ads to transactions causes a 10x revenue reduction | Bill Gurley | Feb 8, 2024 | — |
| 5% | “five percent” | Gurley: Moving search from ads to transactions causes a 10x revenue reduction | Bill Gurley | Feb 8, 2024 | — |
| 10× | “10 x” | Gurley: Moving search from ads to transactions causes a 10x revenue reduction | Bill Gurley | Feb 8, 2024 | — |
| 99% | “99%” | Gerstner: Google will almost certainly not replicate its search monopoly in AI | Brad Gerstner | Feb 8, 2024 | — |
| 50% | “50%” | Levie: AI coding tools deliver a 30% to 50% programmer productivity boost | Aaron Levie | Feb 8, 2024 | — |
| $25B | “twenty five billion dollars” | Gerstner: Microsoft, Amazon, Nvidia, and Google invested $25B in VC in 2023 | Brad Gerstner | Jan 25, 2024 | Supported |
| 36% | “36%” | Gerstner: Tech trades at 36% premium to 10-year average while software lags | Brad Gerstner | Jan 25, 2024 | Supported |
| 14% | “14%” | Gerstner: Microsoft, Nvidia, and Meta PEG ratios trade in line historically | Brad Gerstner | Jan 25, 2024 | Supported |
| 75% | “75%” | Gerstner: Twitter Platform and Product Pace Are as Vibrant as Ever | Brad Gerstner | Jan 25, 2024 | — |
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