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 12 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 1 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
Nagpal: Peter Thiel grew Roth IRA from PayPal shares to $5B
“He put his PayPal founder shares in a Roth IRA. Sold those for about twenty seven million dollars, then used this as a supercharged investment account to where it is today, where he has five billion dollars in his Roth.”
Nagpal: How Peter Thiel shielded $27M in PayPal gains using a Roth IRA
“What he did is he bought his founder shares at PayPal with his Roth IRA. So he spent like 2000 dollars to buy PayPal shares that became worth twenty seven million dollars when PayPal sold. And then he had twenty seven million dollars to just make all kinds of …”
Held: Bitcoin Is Built to Disrupt Central Banking, Not Visa or PayPal
“Bitcoin wasn't here to disrupt a Visa or PayPal. Bitcoin is here to disrupt the existing financial system and central banking.”
Puri: Peter Thiel walked away if PayPal staff discussed off-topic work
“And people were like, did he really do that? And Keith, you know, Keith Rabolli was like, yeah, he would literally do that. He would, if you tried to bring up anything else besides your problem, he would just turn around and he would just walk away.”
Max Levchin's anti-fraud engineering saved PayPal while competing payment services failed
“Max's technical brilliance in fighting the fraudsters. Kept PayPal alive when any other money transmitting service Just died because the fraudsters just had too much to gain, and they were too sophisticated, and as a young company, it's really hard to defend a…”
Puri: Peter Thiel restricted PayPal employees to a single core priority
“Peter Thiel has the same thing he used to do at running PayPal famously. It's like, was Peter Thiel a good manager? And people are like, no, like, managerial skills or like soft skills are not what Peter Thiel is known for, but he did one really effective tact…”
Johnson: PayPal stopped innovating, leaving developers desperate for modern payment tools
“PayPal had Growing up during the internet, but they had stopped really innovating for a couple of years. And so developers didn't have the tools they liked.”
Puri: Tech Giants Took Nearly $1B in SF Lease Write-Downs Post-COVID
“There's two hundred million dollars of real estate impairments in the past year since COVID. It's almost a billion if you add in the lease related write downs from large companies like Salesforce, Dropbox, Uber, PayPal, Zendesk, just getting rid of their real …”
Shaan Puri: 165 University Avenue housed Logitech, PayPal, Google, and Danger
“What you're looking at is one six five University Avenue, also known as the Lucky Office, also known as the Karma Building. You might recognize a little better here when you see one of the companies that was started here. So Google was started here. Before Goo…”