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 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
Amazon leadership originally conceived AWS as a low-margin infrastructure business
“They didn't think this was a, this is a high margin business. They thought of it as like, ok, this will be a low margin business too, and we like low margin businesses.”
Lin: DoorDash proactively digitized merchant menus during COVID lockdowns
“They decided, like, these merchants are going to be hurting, and we need to help them, and so they proactively went out and uploaded menus from different merchants onto DoorDash and said, hey, I know you guys are hurting. The only thing you can do is delivery.…”
Airbnb held $3 billion in cash against $4 billion in customer deposits
“We have three billion dollars of capital on the balance sheet at Airbnb, but we have three billion dollars or four billion dollars of customer deposits.”
Lin: DoorDash expanded delivery market beyond Grubhub's existing-courier restaurant base
“The only restaurants that would be on Grubhub's website were all the companies that already had delivery staff available. So what DoorDash did was to expand the market. And by expanding the market, they were very focused on that problem.”
Microsoft acquired LinkExchange for $265 million on $15 million in revenue
“We had fifteen million dollars in revenue. You can kind of tell that we were in a bubble when someone would be willing to buy a company that had fifteen million dollars in revenue for two hundred and sixty-five million dollars. But also, you know, it was the t…”