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.

clear all ✕

why aren't all 13 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

Assertion Supported
Bernd Bergmair was the secret financial backer behind MindGeek's $77M buyout
“They said that actually the employees bought it out for seventy seven million, like the two executives bought it out. But that didn't smell quite right. Where did these, where do these employees get seventy seven million dollars to buy this, right? Like how mu…”
Shaan Puri Feb 7, 2024 ▶ 25:34 The Dark Story Behind Pornhub’s $1.5B Business Empire
Assertion Supported
Pornhub and Brazzers were secretly owned by the same founding team
“Or like, you know FTX had this, you know, sister company that, and by the way, nobody knew these companies were linked. So everybody thought these were two not only unlinked companies, they thought they were enemies. Cause at the time, all of the studios were …”
Shaan Puri Feb 7, 2024 ▶ 7:39 The Dark Story Behind Pornhub’s $1.5B Business Empire
Assertion Partly supported
Bill Ackman texted Visa's CEO to cut off Pornhub's payment processing
“And so what Bill Ackman does is he goes and he immediately texts the CEO of Visa, and he sends him the article. He's like, your company is enabling this. These guys are making money off of this. You better do something about this. And the CEO of Visa is like, …”
Shaan Puri Feb 7, 2024 ▶ 18:56 The Dark Story Behind Pornhub’s $1.5B Business Empire
Opinion
Amouranth: Hot tub streams take views from Pornhub, not Twitch gamers
“When really we're, if we're not taking away views from gamers, certainly not. If anything, we're taking away views from Pornhub, but that's about it.”
Kaitlyn Siragusa (Amouranth / Kate) Nov 8, 2022 ▶ 9:33 How This OnlyFans Model Built A $40 Million Business Empire (#383)
Assertion Supported
Ethical Capital Partners was formed specifically and solely to acquire Pornhub
“And I think it's about to exchange hands again, because now a private equity group bought it. And do you want to know the name of the private equity group that bought Pornhub? ... Ethical capital partners. Do you want to know how many companies they own? One. …”
Shaan Puri Feb 7, 2024 ▶ 27:07 The Dark Story Behind Pornhub’s $1.5B Business Empire
Assertion Supported
Pornhub's founders sold the network to Fabian Thylmann for $140 million
“So they sell it to that guy you were referring to, this guy, Fabian Tillman. A hundred, so a hundred forty million is what they sold it to him for.”
Shaan Puri Feb 7, 2024 ▶ 13:09 The Dark Story Behind Pornhub’s $1.5B Business Empire
Assertion Partly supported
Wall Street bankers spun out exclusively to finance Fabian Thylmann's adult rollup
“It was a bunch of X. I don't know if it was JP Morgan or Morgan Stanley, whatever, some big bank, two bankers from there spun out, created their own like lending firm specifically to lend just to this one play.”
Shaan Puri Feb 7, 2024 ▶ 17:08 The Dark Story Behind Pornhub’s $1.5B Business Empire
Assertion Supported
Pornhub's secret acquisition debt carried a 20% interest rate
“And they lended it at a 20% interest rate.”
Shaan Puri Feb 7, 2024 ▶ 17:26 The Dark Story Behind Pornhub’s $1.5B Business Empire
Assertion Supported
Pornhub bootstrapped to hundreds of employees without taking outside investment
“Bootstrapped. No, no investors, no nothing.”
Shaan Puri Feb 7, 2024 ▶ 10:50 The Dark Story Behind Pornhub’s $1.5B Business Empire
Assertion Partly supported
Pornhub is the US's sixth-ranked site with 3 billion monthly visits
“So this is the number six most trafficked website in the United States. Three billion visits in, in like, in a month.”
Shaan Puri Feb 7, 2024 ▶ 1:10 The Dark Story Behind Pornhub’s $1.5B Business Empire
Assertion Contradicted
Pornhub's founder originally built its video streaming technology for competitive foosball
“And he creates a live streaming video website to stream their foosball competitions, and there's not much of an audience for the foosball competitions, but he realizes as he's building all this video tech, he's like, hey, I think we could do the same thing for…”
Shaan Puri Feb 7, 2024 ▶ 6:17 The Dark Story Behind Pornhub’s $1.5B Business Empire
Assertion Partly supported
The US government seized $9 million from Pornhub's early corporate accounts
“The government seizes nine million dollars out of one of their bank accounts, just takes it.”
Shaan Puri Feb 7, 2024 ▶ 12:35 The Dark Story Behind Pornhub’s $1.5B Business Empire
Assertion Partly supported
Fabian Thylmann was forced to sell MindGeek in a $77M fire sale
“He's forced to sell on a fire sale. He sells it for seventy seven million dollars.”
Shaan Puri Feb 7, 2024 ▶ 20:28 The Dark Story Behind Pornhub’s $1.5B Business Empire
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