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 9 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
Palmless Launch Brought 100 Brands and Major CPG Companies Into C16's Pipeline
“We have, and one of the things that happened with this launch was we had about a hundred brands fill up our pipeline. So we currently have basically every major consumer packaged good company.”
C16 Biosciences Is Already Gross-Margin Positive in the Beauty Market
“In our first market, we're already gross margin positive, so in the beauty industry, we've got people willing to pay high prices for this, because they love the story, they love the innovation, and they love the product, and they'll pay high prices, and we hav…”
Tracing Palm Oil Supply Chains for Deforestation Is Nearly Impossible
“It's really hard to confirm that the palm oil in your product has been grown sustainably. And it just comes down to these very complicated supply chains, where if you were buying, you know, a bag of potato chips, it's nearly impossible to trace that palm oil a…”
C16's Palmless Oil Will Enter Food Products Within Two Years
“By the end of this year, we'll be in a handful of other personal care products, so think skin care and body care products, and other brands featuring Palmless as the sort of innovator, and within two years or so, we will be able to be in food products.”
C16 Biosciences Raised $4 Million Within Two Weeks of Y Combinator Demo Day
“We made enough oil, got up on stage for two minutes, held it up, and gave our pitch, and in about two weeks, we were able to raise four million dollars to get the company started.”
C16 Biosciences Ferments and Extracts Bio-Palm Oil in Just Six Days
“Our process today, we can start a, we call it a production run, and in six days we can extract oil.”
C16 Biosciences Relies on Naturally Oleaginous Yeast Rather Than Genetic Modification
“So instead of sort of finding the DNA responsible for producing oil in the oil palm tree and then importing that and genetically inserting it into a yeast, we actually found a yeast which could naturally make the oil that we wanted.”
C16's Palmless Oil Sold Out in Three Hours With Zero Ad Spend
“That being said, we launched this product. We spent zero dollars advertising it, and it sold out in three hours, and it was a limited launch.”
Palm Oil Is in Half of All Supermarket Shelf Products
“It is in 50% of products on supermarket shelves, and like you said, every person touches it every day, including me, who tries not to, but it's ubiquitous, and it is in everything from soaps and shampoos
To lipstick and laundry detergent, to most of the foods …”