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 11 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 1 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
Wolfe: General Atlantic, General Catalyst, and a16z will go public
“And I believe that at least General Atlantic, General Catalyst, Andreessen, maybe Insight, maybe Lightspeed, go public.”
Barth: General Atlantic uses an AI bot on its investment committee
“I mean, I think what GA is doing is really cool in terms of having an AI bot on their investment committee, thinking about investment decisions they made in the past and having that institutional memory in a bot.”
Green: Sequoia, Kleiner, and Bessemer had little differentiation beyond check size
“And I didn't frankly think there was much difference between Bessemer and Sequoia and Kleiner at the time, and General Atlantic and TCV, other than some people wrote bigger checks and smaller checks.”
China represents almost 20% of General Atlantic's global portfolio
“China has been an incredibly important geography for us. It's almost 20% of our portfolio.”
Ford: Failed investments typically stem from misjudging the growth case
“And what we all say to ourselves when we get investments wrong, it's typically because we got the growth case wrong. We overestimate the market size or how good the company's product or service was.”
Ford: General Atlantic may launch a dedicated climate and sustainability fund
“One area we have our eye on right now that we're spending quite a bit of time on is climate, sustainability, and energy transition, because we are starting to see more and more deal flow that in our core sectors like technology that are focused on this very, v…”
Ford: General Atlantic does not need permanent capital or GP stakes
“So far, we've concluded that we don't really need it, that we have sufficient capital in the business to grow, to add talent, to add offices like you talked about before, to add sectors.”
Salem: Private equity giant General Atlantic originated inside the Atlantic Foundation
“General Atlantic, that now massive global private equity firm, began its life as a folder in the file cabinet of the Bermuda-based Atlantic Foundation, later doing business as the Atlantic Philanthropies.”
Steyer: Hellman & Friedman backed Farallon launch with $8M seed commitment
“When I asked two different people if they would basically back me with limited partner money, one of them was a firm in San Francisco where the number three person was my old roommate. It's called Hellman and Friedman, and I think they guaranteed me eight mill…”
Lemkau, Robert Smith, and Mark McMorris launched Goldman's West Coast tech M&A
“It was a guy named Mark McMorris, who went on to go work at General Atlantic for a long time, and then Robert Smith, who eventually went on to go found Vista Equity, and me, the three of us went out there, all the same associate class, like three musketeers st…”