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 6 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
Seibel: Pre-Airbnb rental platforms failed because they did not process payments
“All of the other products that came before it that let people do timeshare and list their places online didn't process payments. And as a result, processing payments in a low trust environment, where you have never met the host, and the host has never met you,…”
Justin.tv survived two months of runway to reach $1M in profit
“We were always extremely transparent about our cash in hand, our months of runway, our traffic, our revenue. And there was a moment where we only had two months of runway left. We were generating about 750,000 dollars a month. We were burning about a million d…”
Seibel: YC has funded around 75 companies with over $100M in revenue
“YC has funded somewhere around 75 companies that generate over a hundred million dollars in revenue.”
Seibel: YC portfolio is worth $100B across 2,000+ funded companies
“To give you a sense of YC, we've now funded over 2000 companies, about 4000 alumni. Our companies combined are worth about a hundred billion dollars. We have about a hundred companies that are worth over a hundred million dollars and 17 worth over a billion, a…”
Stripe, Mixpanel, and Brex acquired early customers through the YC network
“One of the superpowers that not many people understand about YC is because we have so many companies who've done YC, In effect, you get warm leads to anyone who's ever done YC. So it's a lot easier for YC companies to sell to one another. That's not a surprise…”
Seibel: Twitch took years to find product-market fit before $1B acquisition
“Twitch sold for a billion dollars, but most people don't really understand the backstory. You know, Twitch started as an online reality TV show. And if you look at the story, it started in 2006, and by 2012, it was worth 24 dollars. By 2014, it was worth a bil…”