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 16 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 2 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
Fried: Uber is held up as successful but is a fundamentally terrible business
“I have a hard time though sometimes with tech businesses that are quote successful or held up as successful examples of businesses that are actually fundamentally terrible businesses. I think like things like companies like Uber is an example.”
Gil: Startups captured 80% of Internet value, while incumbents won mobile
“So the internet was 80% startup value. It was Google, it was Amazon, you know, it was all these companies we now know and love. Meta, you know and then mobile, the mobile revolution was probably 80% incumbent value, or 90%, right? And so that was, mobile searc…”
Wolfe: AI Agents Interacting on Frontends Portend the Death of APIs
“There's another adjacent theme, which I think is also really interesting, which is AI portends the death of APIs. So APIs allow meta with their meta glasses or Ryan to be able to communicate with Uber and, you know, Spotify through the backend, through softwar…”
Calacanis: US rules will let non-accredited gig workers invest in startups
“We're going to see some regulation in the United States where people are going to be able to be sophisticated investors, In other words, maybe they don't have the accreditation benchmark of whatever it is, a 152 100,000 a year in revenue of, in you know, incom…”
Rao: Uber drivers generate the R&D data used to automate their jobs
“When an Uber driver picks a passenger from point A and drops him off at point B, that passenger gets a ride and the driver gets paid some money. But the data that's generated that goes and feeds machine learning algorithms that, you know, improve everything fr…”
Gurley: AI startups burn an order of magnitude more cash than Uber
“Why Amazon was, you know, they had a big burn rate, but then Uber took it to a new level but now it's had an, they've added a zero.”
Howey predicts self-driving robotaxis will reduce car ownership to 10%
“And car ownership is going to become a thing that only a minority of humans even own a car because of the way they'll even they'll never be parked really though because every car that can drive itself is a robot, basically, that can go earn money by running Ub…”
Mega-round growth investing resembles traditional equity markets, not venture capital
“No one is investing at Uber at a seventy-five billion dollar valuation hoping to get a Tenex return. It is much more akin to, I think, traditional sort of equity investing, but obviously with a higher risk profile, a chance, which is Implies a chance for a hig…”
Lin: DoorDash unlocked driver supply via introverts and sub-rideshare vehicles
“It turned out that, well, A, there's some people who would prefer to deliver Food or a package over delivering people. They didn't want to have to have social interactions. And then there's other people with perfectly fine cars, but they're not perfectly fine …”
Lavingia: Startups Need Billion-Dollar Upside to Attract Big-Tech Talent
“The early employees might only have half a percent of the company, one percent of the company, two percent of the company. And so they also are looking for it. I mean, they're turning down offers for, you know, from Facebook and Google and Uber at like, you kn…”
Calacanis: Probable He Hits Another 300x to 1,000x Return
“Now, will I ever hit another one? It's probable that I will not. But will I hit another 300 X, 500 X, 1000 X? It's probable I will if I keep up at this pace.”
Calacanis: Uber Seed Round Paid Off 4,000x to 5,000x
“So an outlier like an Uber, for the people who are in the seed round, paid off somewhere in the range of 4000 to 5000 X, not percent, X.”
Calacanis: Three of 21 Angel Investors Backed Uber at Open Angel Forum
“Uber pitched out one of those, and three of the 21 people at that event invested.”
Garneau: Shared mobility, public transit, and autonomous vehicles will directly compete
“Alors, je crois que les systèmes comme Uber ou les systèmes où on partage le transport, les systèmes de transport public, tous ces systèmes-là vont se concurrencer et essayer d'établir une position. Et en même temps, les véhicules automatisés vont s'en venir”