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 9 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
TaxiForSure rejected Uber's acquisition offer to protect its tech team from layoffs
“They didn't go with Uber because Uber wanted to lay off the entire tech team, whereas ULA was willing to absorb the entire team, including the tech organization. So they did the right things. They got every employee a two month bonus payout, two month salary a…”
TaxiForSure had two months of runway before Ola's $200M acquisition
“Sold the company for two hundred million dollars. We didn't have money to pay salaries two months down the road. And we would have shut shop if Ola had decided not to buy us, but there were some circumstances which forced Ola to buy Taxi for sure because other…”
Aprameya: TaxiForSure could have become India's consolidated super-app
“We should have, as in we were the first ones to do hyperlocal stuff, right? So we could have done a Dunzo, we could have done a Swiggy, we could have done all the groceries, delivery startups, all that put into one company is valuable. Right? Like, in Southeas…”
Aprameya: TaxiForSure misread market sentiment by focusing on unit economics too early
“So I think what we didn't do is read the market Sentiment well. Like we kept talking unit economics and more conservative on our growth strategy compared to the competition.”
Somani: Prime avoids ops-heavy, feet-on-the-street businesses due to lack of expertise
“We have traditionally focused much more on digital tech oriented businesses rather than things that require heavy duty on the ground, feet on street ops. Sales, et cetera, right? So that's been either a conscious trade-off in the one hand or an Achilles heel, …”
Reddy: Mettl returned as many dollars as TaxiForSure due to ownership
“So amongst the hits we've had, metal has actually, surprisingly, delivered the most dollars, as much as taxi for sure, because though the size was much smaller, my stake was much larger. So fund one is a very funny fund. We had three percent in one and 10% in …”
TaxiForSure interviewed 25 candidates and withdrew an offer before hiring its COO
“So for example, a taxi for sure, we were hiring a COO. I personally met about 25 candidates. I didn't like any of them. In fact, one candidate, we almost made an offer. Raghu and I both met this candidate, was very smart, said all the right things, but suddenl…”