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 5 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

Prediction Held up
Xu: China's EV leaders will become global market leaders
“And we believe that when China become the largest country For both manufacturing and consumption, and China's leader will become a global leader. And we see that happening in the world of electronics manufacturing, in the world of cell phone, and it will happe…”
Kathy Xu Mar 28, 2022 ▶ 51:15 Kathy Xu – Venture in China at Capital Today, Venture is Eating the Investment World 12 (Capital Allocators, EP.243)
Assertion Partly supported
Xu: Capital Today turned a $30M Yifeng Pharmacy investment into $400M
“For example, we invest in a company called a pharmacy chain, Yifong pharmacy chain. This is a very traditional business where the first investor, we invest in the company back to 2007 when they have like 70 store. We hold this company for 10 years. We invested…”
Kathy Xu Mar 28, 2022 ▶ 33:57 Kathy Xu – Venture in China at Capital Today, Venture is Eating the Investment World 12 (Capital Allocators, EP.243)
Assertion Contradicted
Xu: Zara tests five price tags across five stores for new SKUs
“Zara uses tests, like every new piece come up, they give five different price tag, and then they sell it to five different stores. After a while, they find whoever sells the best is their final price.”
Kathy Xu Mar 28, 2022 ▶ 48:29 Kathy Xu – Venture in China at Capital Today, Venture is Eating the Investment World 12 (Capital Allocators, EP.243)
Assertion Partly supported
Xu: I invested in three founders who became China's richest person
“I have invested three guys who become the richest man in China.”
Kathy Xu Mar 28, 2022 ▶ 19:39 Kathy Xu – Venture in China at Capital Today, Venture is Eating the Investment World 12 (Capital Allocators, EP.243)
Assertion Supported
Xu: Wahaha sought $45M in 1995 for three concurrent production lines
“He said he want to raise like a forty-five million US dollar and bought three production lines. Each production line is over ten million. So he want to build three production lines at the same time.”
Kathy Xu Mar 28, 2022 ▶ 17:56 Kathy Xu – Venture in China at Capital Today, Venture is Eating the Investment World 12 (Capital Allocators, EP.243)
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