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 632 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
Brett Adcock says he terminated Figure's AI collaboration agreement with OpenAI
“And so I fired him.”
Lamm: Colossal intends to release extinct and gene-edited species into the wild
“So our goal for our extinct species are genetically modified gene drives and even cloning of endangered species. All of that is to go into the wild, but we have to have government and indigenous and global support.”
Adcock: Figure plans to lease home humanoids for $400-$600 monthly
“The in-home, like, we have, we're not selling right now to the home. We want to sell here like, in the near term, and we want to sell the robot, like, for, like, hundreds of dollars a month, and as, like, somewhere like a car lease maybe, like, four or five, 6…”
Opendoor saw double-digit attrition after Nejatian instituted a seven-day RTO mandate
“On my first day at Opendoor, I said, hey, we're going back to the office. Everyone has seven days. And so a bunch of our colleagues decided not to join us on that journey and left the company because they didn't want to work for an in-person company. And we wi…”
Investors using assistants to schedule founder meetings will not get allocation
“Like, there's nothing that turns, like, I can, like, if you've done this, you're probably not getting any allocation, because you've, like, ticked me off, because you've just told me I do not find you important enough. I need my assistant from the fucking Phil…”
Whop intentionally built no rollback plan for its zero-downtime database migration
“I had so many people ask me, like, what the rollback plan was, and I'm like, there is no rollback plan. Like, you know, we're not gonna spend an extra eight weeks building a rollback plan. We're just gonna do it well. And nail it the first time.”
Whop CTO kicked engineers out of standup for lacking personal Whop projects
“So first off, that is a true story. I got a lot of hate in the comments, people thinking that was rage bait. You had 300 comments. That is a true story. And I will show you the message. I actually told people that”
Lucy Guo: Passes Creators Conceal Earnings From Managers to Dodge 20% Cut
“We definitely have had an issue where creators didn't want to tell their managers or their agents how much they're earning on passes because they would have to pay 20% to them even though they weren't even involved in passes. Yeah, like, we have had creators t…”
Weisburd sells his positions when SoftBank invests in his portfolio companies
“As a general rule, when SoftBank would invest in one of my companies, I would sell my position or a lot of the position.”
Beck: Archimedes is designed for benign durability over maximum performance
“This is, I would say is the first engine that is just not designed to be like that. It's designed to be like the most benign engine that you could possibly imagine so that you can just run and run and run and run and never even think about it.”
Lamm: Colossal is educating USDA and defense agencies on genetic tech
“Like right now we are educating USDA, the intelligence community, the Department of War and others on these technologies and how they can combat these issues domestically and abroad.”
AppLovin halted investor relations for over a year during its market bottom
“We actually didn't do any investor relations for well over a year at the bottom, because what were we going to convey to investors is we're rebuilding our technology stock is dirt cheap, but nobody buys something that's dirt cheap.”
Monroe-Anderson: Neros boards, chips, motors, and magnets never touch China
“We've tried to go quite far, and we think further than anyone else, where, like, you can look at our boards, you can look at all of the chips that go onto our boards, those will not
Have ever touched China. Our motors are made outside of China. The material th…”
Monroe-Anderson: Neros aims to be the 'Toyota of defense manufacturing'
“I say we want to be the Toyota of defense manufacturing where instead of being like a current prime where we're very exquisite and siloed, we're very you know, we're making these very accessible systems and we're ubiquitous across allies.”
Feldman: Cerebras to provide OpenAI over $20B in hardware
“We'll be doing more than twenty billion dollars of hardware with, for them over the next several years.”
Miller: Accel moved slowly on AI apps due to foundation model risks
“We were admittedly slower than our peers on the application layer for AI because we were very worried about how fickle they were when the wakes of the models were getting wider and wider, and we spent a lot of time in infrastructure, and we're continuing to sp…”
Armstrong: Coinbase Wins Approvals to Unify US and International Order Books
“And we've just finally gotten some approvals where we can now Get our international customers and our US customers on the same order book and liquidity is a network effect.”
Singerman never read a financial report during his venture capital career
“I didn't read a financial report ever. I still don't know how to read financial reports, right? The one time I ever had to do a spreadsheet, my wife had to do it for me, right?”
Tandon: Startup acquired blood samples through friends with hospital security guards
“Our residual blood sample partnership with this health system was actually nothing more than Deepika being friends with the security guard and the front desk lady. And so we had accumulated hundreds of samples, and they were, you know, anonymized, and, you kno…”
Taneja: General Catalyst redirects political donations into GC Institute
“We took a stance that we're not going to engage in politics. And, but we want to work with the administration, whichever one is there, with genuine partnership to help them think about how can innovation truly be impact at scale in our societal systems. So we …”
Huffman: Reddit only uses ID-checking verification when coerced by governments
“There's others we use that actually check your ID. I don't love those, but we're compelled or coerced to use them by various governments.”
Huffman: AI productivity gains will not decrease Reddit's engineering headcount
“No way. No way. No way. We are a building company. And so in order for engineering headcount to go down, we'd have to know everything we wanted to build. So let's say AI makes our engineers 50, a hundred percent, or even 10 X more productive. We'll just build …”
Nejatian proposed to Keith Rabois taking Opendoor private together to fix it
“My wife's plan, literally, genuinely, honestly, was that we would, like, sell everything we owned, leverage ourselves as much as we could to take Opendoor private, so we could fix it. So I called Keith back in, I think, April, and he was, hey man, I'm thinking…”
Opendoor's press email auto-replies telling journalists to DM Kaz Nejatian on X
“There's no, like, we don't have a PR department. Like, if you email press at opendoor.com, get an email back saying, we don't have a PR department. If you want to talk to someone, DM Kaz on X.”
Blania: OpenAI wrote the biggest check in Merge Labs' seed round
“A large group of people, but the biggest check was OpenAI and then many of our friends, you know, some of the funds that have been involved here, many, many individuals, it's like a broad, like it's a class, like it's a large scale seed, but it is, from that p…”
Senra declined Michael Ovitz's offer for professional representation to preserve friendship
“I just want to keep him as a friend, because he, he's like offered to like help me and rep. I'm like, Michael, you're a shark. You forgot. I read your book. I know who you are. And the reason he's taking any interest in me is because he's like, I know all the …”
Bhargava: General Catalyst targets 30% to 70% automation for AI roll-ups
“So one thing we're careful about in the AI enable rollups is we target 30% automation at least, but we actually don't want more than 70% automation because if something is approaching 80, 90 or a hundred percent automation, then there's really not the people s…”
Karp: Palantir's primary mission is deterrence to prevent American combat casualties
“The primary purpose of Pallinger is to be so dominant that those people don't have to fight and die because everyone knows you're going to die 10 times more if you attack America.”
Karp: Palantir refuses standard sales calls for Maven with foreign governments
“I mean, I tell, I'm telling governments all over the world, look, we're not showing up to do a sales call for Maven. You know, it works. We know it works. Show up at my office, explain to us how you're going to make this easy for us because we don't have huge …”
SERHANT blocks new hires unless managers prove AI cannot do the job
“You can't hire a new person unless you prove to us that this thing cannot be done with AI.”
Chaddha: Mayfield stealth startup scaled $0 to $3B in 14 months
“So I have a company which is in the optical interconnect space. If you have GPUs, You need to connect them, not on copper, but on optics. This company went, remains in stealth, it's 14 months old, from zero to three billion dollars, because the spend is massiv…”
Siemiatkowski: Klarna used AI to conduct 30-minute employee interviews
“What if AI would interview our employees? What if it would interview every employee and do like a Not to replace the human because the human is still their manager responsible for their workday, but just to like add a better depth and understanding of what's g…”
Siemiatkowski: Klarna froze hiring to shrink headcount via attrition and boost pay
“So we stopped recruiting at Klana about two years ago. And the idea was that what we're going to do is if people on average stay five years at Klana, that means 20% resign every year. It's typical, kind of typical attrition rate for a tech company. If we don't…”
Shadbolt: PsiQuantum's million-qubit bet relies entirely on existing semiconductor fabs
“The only reason that we could afford to make that really extreme bet that we're going to go straight to a million qubits. The only reason that we felt that was plausible is that our technology fits into the fabs and the OSATs and the contract contract manufact…”
Shadbolt: PsiQuantum plans to enable its Australian quantum site by end of 2027
“The plan of record that the company marches to is that we want to have that site enabled by end of 20, 27 in Australia.”
Strachman: 1517 Fund aims to eventually fund eleven-year-old founders
“And I tell people I want to be funding eleven-year-olds because I think they're incredibly creative and interesting and can be starting things earlier.”
Amoruso gave a portfolio startup direct access to her LinkedIn DMs
“One of my portfolio companies, I just gave them carte blanche access to my LinkedIn DMs, and they will reach out to people that I am like tangentially connected to, and say, as me, and be like, hey, I love what you're doing with such and such beauty company, s…”
Cluely remains invisible to screen share and undetectable to others
“We are the tool that lets you use AI without anybody else knowing. We're still invisible to screen share. We still have all our undetectability features”
Cluely spends $50,000 monthly on DoorDash to accelerate product development
“Like right now, like we will literally spend like 50,000 dollars a month on door dashing random food. Just so we like spend more time, like spend less time cooking because everyone is more efficient and we can like grow the product faster that way.”
Cluely strictly hires world-class engineers or influencers with 100k+ followers
“We only hire one of two types of people. You're either an engineer or like a world-class engineer or you're an influencer and also like a world-class influencer with like high alcohol. There's nobody who's not a great engineer who has less than a 100,000 follo…”
Cluely allocates roughly 80% of its venture capital toward marketing
“The budget is essentially all of our investor money. Probably like, 80% of it.”
Klein: Browserbase Employs Zero Product Managers by Design
“We also have no PMs, and that's by design. Like, the engineers drive the product requirements from the customer needs”
Asparouhov: FAA delay forced Varda into eight-month hold and extra dilution
“Software companies don't have to deal with the FAA, putting them on hold for eight months. During those eight months, I had employees, we had Bern, we had an office, right? Like, you know, that's got to come out of somewhere, mostly ends up coming out of the f…”
Mansoor: Kalshi operates a separate internal fund that trades on its exchange
“So we have a separate fund that trades on the exchange. They make money as well.”
Mansoor: Kalshi's board opposed suing the government over election markets
“Like, the board was like, this is a bad idea. And we did it.”
Tunguz: Theory Ventures invests in data, AI, and blockchains as modern databases
“Every software company, every product that will be built for a user that's That on a computer will have data as its fundamental building blocks, and so we invest in data systems, databases, visualization. We invest in AI, both at the infrastructure and the app…”
Guo: Passes dropped Web3 features because creators distrusted crypto
“But we noticed that creators have a huge distrust In Web Three, and we were losing out on a lot of creators. Like, they weren't willing to join passes because we were Web Three, and ultimately, at the end of the day, like, creator acquisition is, like, a numbe…”