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 6 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
Founding a tech startup in LA was cheaper and easier than SF
“And I thought it would be cheaper and easier to start a company here and be a bigger fish in a smaller pond. And this is, I mean, that turned out to be absolutely true.”
Every person in Miller's Wall Street chain of command invested in Cornerstone
“Every single person in my chain of command invested in the company. This wasn't. Personally. And the analysts who work for me also put in 5000 bucks.”
Bessemer did not know Cornerstone was almost broke when investing
“Bessemer actually never knew this right at the time that they invested. We were down to almost nothing. Because they kept delaying the close date, and if they delayed it much longer, you were going to be out. We went to made it.”
Cornerstone would have died had it signed the 2000 AOL deal
“And had we signed that deal, we definitely would have been out of business.”
Cornerstone delivered two billion courses before its sale
“But when I sold the company, we had delivered two billion courses.”
Delivering online training in 1999 was impossible due to bandwidth limits
“Training requires a lot of bandwidth. So not only did you need the web to be able to deliver this concept, But you actually needed enough bandwidth that a course could be delivered online. Today, obviously super easy to do. In 1999, it was impossible. This is …”