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 15 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
Khosla: Massive incumbent tech giants will dominate the large language model market
“Large LLMs will belong to the large players, players who can run on train on very large clusters, people who can pay for proprietary content, whether it's with Reddit or somebody else.”
Dave Morin: Reddit and Truth Social have comparable market caps despite revenue disparity
“Reddit's sitting at a 9.1 billion dollar market cap today. You know, I need to go look at what the, what their revenue looks like, but I mean, their revenue is somewhere in the ballpark of half a billion dollars, right? Yeah. And meanwhile, truth social is als…”
Julia Hartz says Reddit's IPO valuation is justified by real-life community demand
“I'm not surprised that Reddit's going out at the valuation they're going out at, because I see it play out in real life in a way that's absolutely skyrocketing.”
Dave Morin calls investing in the Reddit IPO a slam dunk
“I would actually invest in this IPO. Like it's just, it makes, it's a slam dunk.”
Morin: X Is the Only Viable Platform for Tech Industry Conversations
“If you work in the tech business, if you're a technologist, it's where the conversation is. And so it's not on threads. It's not on Reddit. Like it's definitely not in Facebook group. Where else would you go? It's the only place that you can go. To have that c…”
Dave Morin calls Reddit one of the internet's most undermonetized assets
“When we went public, we were literally, if I remember right, we were like, this is one of the greatest under monetized internet assets.”
Britt Morin blames Google's AI Overview hallucinations on bad Reddit data
“I think Reddit is mostly to blame for this because there's so much content on Reddit. That's not valid. Google's clearly ingested this. And use the content to train its model. And like, that's, this is where a lot of these crazy answers are coming from.”
Sam Lessin argues most humans lack real knowledge and post for attention
“Most humans don't actually have much knowledge to share. They're just bullshitting, right, for attention.”
Sam Lessin: Reddit is a much easier business to own than Instacart
“I actually, I'd much rather own, as I guess I do, a little bit of Reddit than Instacart for a thousand reasons. It's a much easier business.”
Sam Lessin: Reddit cannot generate billions just by selling data streams
“When you say, how are you going to make billions of dollars, which is all that matters to a company that's a six billion dollar company trying to grow, it is not going to be selling small data streams.”
Julia Hartz says niche is the new mass in post-pandemic live events
“Niche is the new mass. So people are absolutely wanting to be in more highly curated experiences that map to those groups that they found on Reddit.”
Sam Lessin: Reddit will probably not build a large-scale advertising business
“And my sense is honestly that the fact that Twitter hasn't been able to means the answer is probably no.”
Sam Lessin: Only marginal tech companies will IPO this spring
“Only marginal companies will go public in the next several months, and only if they have to. And Reddit might be one of those marginal companies. And maybe Klarna is.”