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 Partly supported
Katz: First Audible download occurred on October 31, 1997
“The first download when it finally happened was in, I remember October 31st of 97, it was Men Are From Mars and Women Are From Venus, the self-help book, and I remember it was to a customer in Cave Creek, Arizona, and that was, and it was done at that then pre…”
Don Katz Nov 1, 2021 ▶ 37:34 Audible: Don Katz
Assertion Contradicted
Katz: Audible's first player cost $208 to manufacture and sold for $215
“But it cost us 208 dollars to make that little device, and we tried to sell it for 215 dollars.”
Don Katz Nov 1, 2021 ▶ 41:43 Audible: Don Katz
Assertion Partly supported
Katz: Audible stock collapsed from ~$29 to four cents in 2000
“The stock price, you know, which was once 29 dollars or something, it went down to four cents at the end of 2000.”
Don Katz Nov 1, 2021 ▶ 47:36 Audible: Don Katz
Assertion Partly supported
Katz: Robin Williams bought ~500k Audible shares before IPO
“Robin Williams had come in and bought, like, 500,000 shares of common stock before it went public.”
Don Katz Nov 1, 2021 ▶ 44:46 Audible: Don Katz
Assertion Supported
Katz: Audible raised ~$40M at IPO with 5,700 customers
“We walked away with almost forty million dollars. We had 5700 customers.”
Don Katz Nov 1, 2021 ▶ 45:11 Audible: Don Katz
Assertion Partly supported
Katz: Amazon stock was trading around $50 during the Audible acquisition
“And also, you know, come on, let's face it, most people know that, you know, senior people at Amazon get paid in Amazon stock. And so we did the transaction, the stock was like 50 dollars a share.”
Don Katz Nov 1, 2021 ▶ 1:11:44 Audible: Don Katz
Assertion Supported
Amazon acquired Audible for $300 million after it reached $110M in revenue
“In 2007, your annual revenue at Audible was like one hundred and ten million dollars. And in January of 2008, Amazon announced that they would acquire Audible for three hundred million dollars in cash”
Guy Raz Nov 1, 2021 ▶ 1:08:10 Audible: Don Katz
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