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 7 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 Supported
Toast laid off half its workforce eight weeks after February 2020 funding
“They just closed the financing in February. They were gearing up to double the size of the company, double the team, And by the end of March, probably eight weeks after that closed, instead we were announcing we had to let go half the company because we couldn…”
Steve Papa Apr 4, 2022 ▶ 34:29 Steve Papa – Entrepreneur's Perspective on Venture, Venture is Eating the Investment World 13 (Capital Allocators, EP.244)
Assertion Supported
Papa: Silicon Valley refused to fund Kiva Systems' hardware before Boston backed it
“My favorite example is Kiva Systems, the robot company that Amazon bought. No one would back hardware in Silicon Valley when they were being founded. Came to Boston, found folks interested in backing what today we call hard tech.”
Steve Papa Apr 4, 2022 ▶ 38:13 Steve Papa – Entrepreneur's Perspective on Venture, Venture is Eating the Investment World 13 (Capital Allocators, EP.244)
Assertion Supported
Papa: 2001 saw first year-over-year decline in global IT spending
“And the world of IT spend froze in 2001. It was the first year over year decline.”
Steve Papa Apr 4, 2022 ▶ 14:34 Steve Papa – Entrepreneur's Perspective on Venture, Venture is Eating the Investment World 13 (Capital Allocators, EP.244)
Assertion Partly supported
Papa: Endeca counted half of the top 100 e-commerce sites as customers
“We had half of the top 100 e-commerce sites.”
Steve Papa Apr 4, 2022 ▶ 20:27 Steve Papa – Entrepreneur's Perspective on Venture, Venture is Eating the Investment World 13 (Capital Allocators, EP.244)
Assertion Partly supported
Papa: 2012 silicon spinout generates over $1M weekly, tracks 2023 IPO
“And sure enough, I spun a silicon company out of a university in Europe in 2012. And they're on track to go public next year. They're now up over a million a week.”
Steve Papa Apr 4, 2022 ▶ 27:37 Steve Papa – Entrepreneur's Perspective on Venture, Venture is Eating the Investment World 13 (Capital Allocators, EP.244)
Assertion Contradicted
Toast founders built second commerce app on Apple App Store
“In fact, they were the second mobile app in the Apple App Store for commerce after Amazon.”
Steve Papa Apr 4, 2022 ▶ 31:53 Steve Papa – Entrepreneur's Perspective on Venture, Venture is Eating the Investment World 13 (Capital Allocators, EP.244)
Assertion Contradicted
Papa: Walmart's 1993 10TB Data Warehouse Cost $80M with 10,000 Disks
“So when we talk about big data back in 1993 was the 10 terabyte Walmart data warehouse that cost eighty million dollars. That's how far things have come. That system had close to 10,000 hard disks to make it go.”
Steve Papa Apr 4, 2022 ▶ 7:18 Steve Papa – Entrepreneur's Perspective on Venture, Venture is Eating the Investment World 13 (Capital Allocators, EP.244)
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