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 8 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
Bain and eBay management concluded Google posed no threat to commerce
“I remember sitting in a management meeting at eBay after we got acquired and right after we got acquired and they hired some consulting firms, Bain actually, to analyze the threat posed by Google to commerce. And their conclusion as a management team and with …”
Rabois: Opendoor's SG&A has been bloated and out of control since 2015
“And then the company at a kind of tactical level just has too much of a bloated GNA. It's always had too much of a GNA that was Way out of control since 2015.”
Rabois: Kaz Nejatian cut Shopify's G&A from 14% to 4%
“One of the things he did at Shopify when he got promoted to be COO was cut their GNA as a fraction of revenue from 14% to four percent, and I think they're on target next year to be at one percent.”
Rabois billed 363 hours during his final month as a lawyer
“I billed, like, 363 hours my last month as a lawyer.”
Rabois hired Square employees from his soccer team who later founded Faire
“Hired two, at least two people off my soccer team that worked at Square. They started a company that's a very good company called Fair.”
Rabois reread Andy Grove's 'High Output Management' yearly for 18 years
“High output management by Andy Grove is the business favorite. I, for the first. 18 years I was in technology. I reread it every single year and always found in my highlights learning new things.”