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 2,678 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 42 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
Chatterjee: Revolut refuses to partner with banks for core product deployment
“For core product deployment, Revolue does not look at partnerships. What I meant is a lot of Fintechs you will see getting into partnerships with banks or others to have a quicker go to market. You would see we've been patient over the last two, three years. I…”
Doronichev: Google Stadia failed due to a lack of organizational focus
“Google didn't have enough attention to focus on this project. It didn't have enough resources to dedicate to it. And as a result, it failed despite, you know, all the resources.”
Doronichev: Every pharma company will become AI-native within 10 years or fail
“Within the next 10 years, every pharma will become an AI native pharma. Just like every retailer turned into e-commerce or left the market within the first 10 years of the internet.”
Doronichev: Scientific research is not the primary bottleneck in pharma commercialization
“Science is not really a bottleneck in, in most cases. Getting, there's plenty of great research out there, and there are many ways researchers are discovering molecules, but getting from a great research paper to an actual drug that helps treat patients and ge…”
Panigrahi predicts an incoming superbug will cause the next global pandemic.
“There's a superbug coming, right? That will be another pandemic.”
Panigrahi: AI Health Coaches Will Not Replace Humans in Healthcare
“You can't replace, take human out of the healthcare. Not gonna happen. Even if I'm building it, I'll say, always say that.”
Brown: Social grace matters more for robot adoption than pure task utility
“How the robot shows up is actually going to be more important than whether it can do the task or not, because a robot that's going to make a mistake who can apologize for it will be far more socially accepted than a robot that is just performing the task and m…”
Mukul Deora: GTA VI budget is $2B, highest in history
“Two billion for Grand Theft Auto VI, the highest cost of any IEP ever, two billion dollars launching whenever this year they keep doing it.”
Tripathi: Most of India's Top 10 Video Games Are Chinese
“The top 10 games in India, most of them are actually Chinese. Many don't know our money is actually going to China.”
Yang: Global frontline AI employee adoption will reach at least 300 million
“Overall we expect that on this planet Earth, we will have at least three hundred million non biological employees AI employees, AI receptionists basically almost every single business in the world which is big enough to have a website or big enough to have a b…”
Yang: Electrons possess quantum consciousness through wave function collapse
“In my personal, I'm a physicist by training, I believe the electron does have quantum consciousness. Just collapsing the wave and particle is actually is a expression of conscious decision, in my opinion.”
Venkatachalam: The era of shallow, horizontal subscription SaaS is ending
“So, absolutely I think the era of horizontal, shallow software that's sold in some kind of monthly subscription is, is reaching its end.”
Johnson built a prototype of a competitor's platform in 24 hours
“And I built their entire platform, myself, in 24 hours, the entire prototype of that platform, and then pass it to engineers to start the process of developing it.”
Revi will offer a competitor's $500-a-month SaaS product for free
“We are actually an infrastructure product, so I don't really care whether we make any money from the product itself, the software, so I'm gonna pump that entire market and throw a ton of money behind it at no cost. I'm literally gonna make that product free.”
Johnson: Incumbent Companies Have 24–36 Months to Pivot to AI
“If you don't do that, the likelihood is you probably won't turn fast enough, because I really do think that we've got about 24 to 36 months before that door closes.”
Kaplan: AI will process a lifetime of human thoughts in seconds within years
“That level of sort of compounding improvement in processing power means that in just a few years, you're going to have systems that, you know, can think a lifetime worth of human thoughts in the time that you and I sort of think one or two thoughts, right?”
Kaplan: Coordinated AI Communities Will Outperform Any Monolithic System
“Each individual entity, whether it's a large language model or human, doesn't need to be a super genius. You can just be kind of okay. But together in aggregate, if you coordinate them in the right way, the community itself will be smarter than anything on the…”
Kaplan: Superhuman Artificial Intelligence Systems Are Inevitable
“Well, I think it's certainly achievable, in my view to make AI systems that appear to be as intelligent in every way as a human and beyond that. I mean, we're gonna have AI systems, I'm fairly confident, that are not only as intelligent as us, but are way smar…”
Kaplan: AI has an 80% chance of massive upside alongside existential risk
“I'd say 80% chance this technology is the best thing ever to come along, and it's really going to lift up everybody's standard of living. It'll make a lot of people a lot of money. It, it'll do great things for the environment. I mean, new, you know, life exte…”
Walker: AI expectations downgrade traditional T2D3 startup growth from great to good
“We might do the old T two D three triple twice, and then double, double, double over a period of five years in terms of revenue. That's a great revenue path, correct? And you kind of got to tell them, look, that used to be great. Now it's just good because gre…”
Walker: Median Carta seed valuations exceed 2021 bubble peak
“At Seed, for instance, they're higher than they were in twenty-twenty-one, which was our most recent peak bubble era. And they're higher by a considerable amount. You know, the median seed valuation on Carta these days is probably something like 16 or seventee…”
Walker: Moving to San Francisco is non-negotiable for maximizing startup valuations
“I think if you are a founder who is trying to maximize the valuation of their company, moving to SF is the obvious right strategy. I think there's actually no way to debate that. Higher, the highest valuations do not exist outside of San Francisco.”
Walker: Private tech industry employment likely peaked permanently in early 2022
“As of right now, my instinct is that this time actually is different and I would not expect, it's possible the highest number of employees to ever work at private tech companies as a total industry was in early twenty-twenty-two.”
Dr. Shubha Vilas: Portraying Bharat as a flirt is pure scriptural distortion
“So if I call Somebody like Bharat, who is called a dharmatma throughout the, you know, scriptures as a flirt. That's not at all modernization. That is absolutely distortion. And there are, you know, very famous authors who are doing that.”
Dr. Shubha Vilas: Most organizational problems should be tolerated, not actively solved
“There are some problems you shouldn't fight against. You should just surrender to those problems. You should become humble in front of those problems. And those problems don't affect you. Right. We want to fight against every problem. We want to solve every pr…”
Newman: Corporate VC right of first refusal creates de facto poison pills
“When a corporate leads and as soon as legal gets involved, they usually want things like right of first refusal and most favored nation. And sometimes that can be absolutely fine. And sometimes if you're in a highly competitive industry, that becomes sort of a…”
Dusek: Realism is a disadvantage in venture capital
“So what we, you know, and sometimes to our fault, we're a bit more realistic. That can be a disadvantage in the venture capital space. You know, you are rewarded for being bold and brave, not conservative and realistic.”
Katial: Wellness businesses should never be measured on user retention
“Every VC will ask you, what's your retention? And I'm like, this is not a business for retention. Venless businesses should never be measured on retention.”
Katial: Coto has zero human product managers; an AI bot writes PRDs
“We are, we don't have a product manager. We've trained a bot in product analytics and is able to do everything from PRD, BRDs to PRDs to everything through the line, right?”
Katial: R.D. Burman's music is timeless, while Rafi's was era-bound
“Muhammad Rafi's music was for that time, and R.D. Burman's music is for lifelong.”
Katial: The future of storytelling is under 120 seconds due to ADHD
“I do believe that attention spans are really low. ADHD is a reality. And the future of storytelling lies under a 120 seconds.”
Ahuja: ANSR has never reported cost metrics across its 200 GCCs
“Maintain that for the last 20 years, 200 GCCs. We've never reported cost metrics.”
Ahuja: AI adoption will decouple GCC work output from employee headcount
“We know that the next wave of GCCs would be nonlinear manifestations. The output, work output, and the impact would not commensurate with the headcount that the GCCs have, right? They would be, you know, amplifiers that would be, you know, AI led, AI driven.”
Ahuja: GCC market will expand beyond Fortune 500 to top million companies
“It will become an infinite market. It's not just the fortune 500 or global 2000. It'll be the top million companies in the world. You can have five people and still run a GCC.”
Hoag: Rote individual contributor roles scaling with revenue are easiest to automate
“We do see a lot of the individual contributor jobs being automated away in a sense, right? So people who are doing rote repetitive tasks and just kind of, you know, one of my friends describes it as labor that scales with the business model. So if you're scali…”
Dawber: US VCs require Indian startups to flip to Delaware entities
“It is harder to go straight India, India, US, and whether that's New York or Silicon Valley, it's, it is more difficult. And they are more likely to say, well, actually, if you're going to be serious here, we want you to move the whole business to US, set up a…”
AI can almost completely replace traditional property management services
“We are doing basically service that can be completely replaced or almost completely with AI.”
Startups don't need to be unicorns to create real value
“Where everyone in the VC space thinks that, okay, out of 10, two may work. I feel that there's, every company should have a right life cycle, should be given enough rope to deal with it because not every company will become a billion dollar company, but it can…”
Banka: Humans cannot save nature; climate action is purely self-preservation
“I don't think we can save nature. Nature doesn't need your input. Nature will figure out its own course. Whatever you're trying to do is for your own selfish reason to save yourself.”
Armstrong: Next Five Years Will Transform Venture More Than Any Past Era
“The next five year period, if we just looked at the history of venture, the next five years are going to change venture more than any five year period in the history of venture.”
Niv combined pre-seed and seed to announce $6.5M round for TechCrunch
“And with that proof of concept I raised a seed round of a 5.2 million dollars. I announced it as a 6.5 because I wanted to get into TechCrunch. I combined the pre-seed and the seed together. But eventually TechCrunch did not cover us.”
Sonkin: Visualizing actions increases blood flow and directly develops muscle strength
“And secondly, it actually develops the muscle strength, because when you visualize actions, your other parts of the body sense Already, because it anticipates the movement onset, so it sends nutrition and increased blood flow to this region, to this muscle, so…”
Sonkin: Writing data directly to the human brain must remain ethically taboo
“We, I think we have to be very clear on ethical red line. We should not and cannot write to our brain. It should be taboo until we really know what we're doing. I'm as a neuroscientist, really believe in that.”
DiAgostaro: Top-tier VC partners do not attend accelerator Demo Days
“It is not the big brand name funds, you know, their GPs are not sitting in that room, nor would you be able to get them there, right? You're gonna be, they're gonna be sending their analysts, their lower tier associate, you know just people who their job is to…”
Rothzeid: Palantir is the most valuable publicly traded defense contractor
“I think so much now that they're the most valuable, you know, defense contractor out there on the public market.”
Rothzeid: Companies abuse SBIR grants with no intention to commercialize
“What I would say about the CIBA program writ large is, If used correctly, they can be great stepping stones, but I think what we have seen is kind of an abuse of the Cibber program writ large, where companies just compete to win these grant dollars with never …”
Shield Capital Advises Certain Startups to Avoid DoD and SBIR Contracts
“In certain cases, we actually advise our startups not to work with the DoD. Even, you don't even bother doing a SIBR. The DoD is not organizationally structured to leverage your technology in a way that makes sense for your business goals and outcomes, and you…”
Rizik: Government investment quotas create adverse selection among venture fund managers
“There were a lot of state-sponsored, government-sponsored fund of funds designed to increase the amount of investment in their region. They tended to have sort of that government feel, and I don't mean to be too negative, their intentions were good, but essent…”