why aren't all 58 resolved? a statement only gets an assessment when the public
record can support or contradict it. opinions and what-ifs never can, and 1 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 Not publicly verifiable
Lore: The Pit raised $5M from 60 angel investors
“We raised five million dollars, all from 60 angel investors.”
Assertion Not checkable as stated
Lore invested his entire $390,000 net worth into The Pit
“I invested 390,000 of my own money Into the company.”
Assertion Not checkable as stated
Lore: The Pit did around $10M in transaction revenue in 10 months
“The first 10 months, we were doing about ten million in transaction revenue.”
Assertion Not checkable as stated
Lore: P&G and Kimberly-Clark refused to wholesale to 1800Diapers
“Procter & Gamble and Kimberly Clark, the two big diaper manufacturers that make Pampers and Huggies, they refused to sell us diapers. They said they'd Just don't want to waste your time on a business that's never going to work.”
Assertion Supported
Lore: Walmart's market cap basically doubled during his tenure
“It's basically double.”
Disclosure
Lore's childhood baseball card hustle profited by assembling sorted sets
“Big part of the business was grunt work. We would buy cases of baseball cards that weren't sorted, and then we would basically sort them into full sets, and then sell the sets, and the sets were sold at a premium because somebody had to sort them.”
Disclosure
Marc Lore set a cubicle goal: eight-figure earnings by age 48
“I put a sign on my cubicle that said, Goal. Six figures by 26, seven figures by 37, eight figures by 48.”
Assertion Not checkable as stated
Marc Lore became Sanwa Bank's youngest executive vice president at age 28
“Yeah, I was the executive vice president, which was by far the youngest executive vice president. Yeah, I was 28 when I got the job, yeah.”
Assertion Not publicly verifiable
The Pit generated $10M in transaction volume in its first 10 months
“The first 10 months, we were doing about ten million in transaction revenue.”
Assertion Supported
Lore: In 2004, consumers could not buy diapers online at normal prices
“It might've been 2003, 2004, somewhere around there. You could not buy diapers at a normal price. They were like, prices were like jacked to ridiculous levels. It just wasn't a thing. Nobody bought them online.”