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 22 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
Puri: Autonomous vehicles will completely eliminate truck and ride-hail driving jobs
“The next one is labor, so right now there's three and a half million truck drivers alone, let alone all of the, like, Uber and taxi drivers, and you're just not gonna need that job.”
Ali: Travis Kalanick drove to a VC firm to block Lyft investment
“Like Travis, the Uber CEO, when he heard that some company, some VC fund was investing in Lyft, he stopped what he was doing. He drove down to that VC firm and said, here are all the reasons you shouldn't invest in Lyft.”
Smith: Waymo already accounts for 20% of Austin Uber rides
“Waymo's are already taking up 20% of Uber rides in Austin”
Sam Parr: The Sharing Economy Only Works For Rides And Homes
“I am almost positive That the sharing economy only works for like two or three things. Uber and driving Airbnb, home rentals, And maybe that's it.”
Parr: Operational excellence is a commodity risk solved by hiring top operators
“The third risk is operational excellence. Are you competent enough to pull this off? And that's the risk that they have. And I actually think that's a pretty easy risk. Cause that's a commodity. I mean, there, there's there, if you overpay a handful of Uber em…”
Galloway notes Uber Lux prices have surged 7% to 10% annually
“Uber has raised the prices on UberX, I'm sorry, Uber Lux, seven to 10% a year, way above inflation. So the average price of Uber Lux when I was first taking it was 40 to 60 bucks. Now it's 80 to 120.”
Shaan Puri: The next major wave of AI applications will be multiplayer
“Every AI tool right now is single player. He's like, ChatGPT is just a tool you use yourself, and same thing with the image creators, and same thing with almost all of the tools are still single player, but the internet has showed us that, like, all the most p…”
Ryan Petersen scored $10,000 in Uber credits via Google AdWords arbitrage.
“I got like 10,000 dollars in Uber credits by doing that.”
Gary Vee: Early Uber and Airbnb rounds were valued at $4M-$8M
“They both probably, believe it or not, this is how much startups were back then, they both would have been priced between four and eight million.”
Chris Sacca secured Uber and Instagram allocations by hosting the founders.
“That's how he did his Uber investment. He did the same thing with the founder of Instagram. That's how he did his Instagram investment too, was he invited Kevin Systrom to come stay at his place in Truckee.”
Puri: Tim Ferriss made most of his wealth from early Uber and Shopify investments
“How does he get into that deal? Because he's Tim Ferris, because that's what, who people want to rope into things. And so, you know, Getting into Shopify and at Uber early on is how you made all the money.”
Parr bought $10,000 of Uber credit for $1,000 via referral arbitrage
“What I did was I gave him a thousand dollars and he gave me 10,000 dollars in Uber credit. And for like years, I took an Uber black everywhere”
Puri: Uber defied SF cease-and-desist threatening $5,000 daily fines
“Then they literally broke actual laws. It was like running and they were, they got a cease and desist from San Francisco saying, Hey, for every day, your operational, you owe us 5000 dollars per day. And they just kept going.”
Belsky's $15k angel checks in Uber and Pinterest returned $50M-$100M each
“I'm pretty sure each of these 15,000 dollar checks turned into around 50 to a hundred million dollars each inside a span of like, you'll have to look up when they went public, but they almost went public right around the same time.”
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 …”
Sam Parr: Uber's 2008 seed deck framed $30M profit as realistic
“So in 2008, Uber was just getting started. They're raising only 200,000 dollars. And on slide 20, They have a deck or a slide that says potential outcomes, and they say best case scenario becomes a market leader with over a billion dollars in annual revenue. R…”
Johnson: Braintree built Uber's original invisible checkout payment infrastructure
“We helped Uber do their no the payment experience where you get in the car, you arrive at your destination, you leave the car, no exchange of payment information, no signing of receipts, no printing out receipts.”
Shaan: Tim Ferriss made over $100M from investing in Uber
“He also, because he was Tim Ferriss, got to invest in Shopify and Uber and like probably made hundreds of millions of dollars off of his Uber investment over a hundred million dollars, my guess.”
Uber's founders outsourced early coding and hired Ryan Graves via Twitter
“The Uber founders, Travis and Garrett, they didn't work on it full time. Uber was not a project they were willing to do. They just literally tweeted out, Hey, we need a general manager. And random guy named Ryan Graves was like, I'm a hustler. I'll do it. And …”
Uber's early codebase was built by a Mexican agency using Spanish
“The early versions of Uber were written with a ton of Spanish in the code. And so my friends who were early there, they told me, yeah, like, I forget this guy's name. Do you know who I'm talking about?”