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.

clear all ✕

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

Assertion Contradicted
Housenbold: Made eBay Google's first advertising customer in the world
“In that role, I also became Google's first customer in the world. Having ran AltaVista and competed with them, they were starting to monetize their search, and I became the first customer, and that really changed the trajectory for both Google and for eBay”
Jeff Hausenbold Mar 29, 2021 ▶ 11:03 Jeff Housenbold – Inside Softbank Vision Fund (Capital Allocators, EP.186)
Assertion Contradicted
Housenbold: Entry valuation is the greatest determinant of PE and VC returns
“If you look at all of the academic research and it doesn't matter if it's a private equity or venture capital, the greatest determinant of your returns With the highest R square is your entry valuation. Some people call that vintage, but it is your entry valua…”
Jeff Hausenbold Mar 29, 2021 ▶ 31:32 Jeff Housenbold – Inside Softbank Vision Fund (Capital Allocators, EP.186)
Assertion Contradicted
Housenbold: Billion-dollar VC funds average a 1.44x net MOIC
“If you look at all of the Kauffman Foundation or the NVCSA or the Cornerstone Research, the average fund of a billion or greater returned a one seven one gross and a one four four net MOIC.”
Jeff Hausenbold Mar 29, 2021 ▶ 47:02 Jeff Housenbold – Inside Softbank Vision Fund (Capital Allocators, EP.186)
Assertion Contradicted
Housenbold: 120 VCs passed on Starbucks and 88 passed on Facebook
“And if you look at, I think, Starbucks, when Howard was raising money, a 120 different venture capitalists passed on Starbucks. And I think 88 passed when market Facebook was looking to raise capital, right?”
Jeff Hausenbold Mar 29, 2021 ▶ 39:12 Jeff Housenbold – Inside Softbank Vision Fund (Capital Allocators, EP.186)
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