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 17 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
Yanowitz: The best way for Bitcoin to really work is US collapse
“The best way for Bitcoin to really work is for the U S to collapse.”
Yanowitz: CoinDesk event attendance fell 80% in 2019, nearly destroying the company
“CoinDesk almost died in 2019 because of that reason. They had like, I don't know, 10,000 plus people in 2018. And then in 2019, they fell to like 2000 people, right? They fell 80% and that almost wiped out their whole business.”
Yanowitz: Bizabo dominates enterprise events despite a terrible product
“It's an enterprise events platform. It's like, it's, they sell it like SaaS. It's like 20 K a year, 30 K a year subscription. You host all your platform, your events on them. They don't take a cut of the fee, of the ticket sales. I don't think it's just a, but…”
Yanowitz kept 100% of his liquid portfolio in crypto until recently
“Of my liquid portfolio, I'm, until very recently, I was a hundred percent in crypto.”
Yanowitz: No single person ever got wealthy through diversification
“No single person ever got wealthy through diversification.”
Yanowitz: Most media companies fail because creators cannot sell
“I would argue though, like the problem with most media companies and the reason they don't work is because they're started by folks who can't monetize. So they're usually started by a podcast host or a newsletter writer in 20, 23, and they're brilliant at cont…”
Yanowitz: Small events have bad business models; profitability requires massive scale
“The thing that a lot of entrepreneurs get wrong with events is the business model of small events is a really good experience for attendees. It's really fun. You bring people together, good community building. It is a shit business model. So the kind of secret…”
Yanowitz: First-time founders almost never start with a grand vision
“Everybody thinks that founders had this vision from day one. But if you talk to founders who have built big companies, 99% of them do not. They do, they never did at the beginning. Second-time founders actually do, I've noticed. Like, second-time founders will…”
Yanowitz: Starting a business offers more safety and security than employment
“I actually think there's more Safety and security and doing something that you own and where you can like manage a hundred percent of the risk. Like you can be the best employee somewhere. And if all hell breaks loose and like the company's doesn't have a good…”
Yanowitz: MakerDAO will generate $100M in revenue in 2023
“So MakerDAO, for example. They'll do a hundred million of revenue this year.”
Yanowitz: Anyone remaining in crypto during 90% downturns is not a scammer
“Anyone who's still in crypto is not a scam artist. It's to the, no one operating in a market that's 90% down trying to scam people.”
Yanowitz: Blockworks raised $12M at $135M valuation after exceeding $20M revenue
“Last year we had a goal of
twenty million in revenue, and we pretty decently exceeded that.
and we've been profitable since day one.
So, yeah, we bootstrapped the business for the first five and a half years, and then back in April or May, we took we raised …”
Yanowitz: Blockworks generated over $10M from Permissionless conference in 2022
“Last year we did, like, well over ten million from permissionless.”
Yanowitz: Half of all conference tickets sell within four weeks of the event
“50% of tickets get sold in the four weeks leading up to a conference.”
Yanowitz: Built 4,600-Person MLM Downline In College
“Ended up having 4600 people in my downline had like a thousand people in France.”
Yanowitz: Startups never get easier because founders constantly optimize for max pain
“This idea that it gets easier as you grow, right? That's I think anyone startups are like this weird or being a founder is this weird thing where like, I think what they, you kind of hold constant, the rate at which you can tolerate problems and Everything els…”