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 18 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 1 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
Calacanis: VCs paid high legal fees specifically to dump tokens
“You set up these structures, you paid all this legal money because you knew you were going to dump. You knew you were going to clear these positions and you knew it was going to be lucrative. That's why you went through the expense instead of just raising mone…”
Calacanis: 99% of crypto projects are built by grifters or incompetents
“I do think 99% of the ICOs in crypto projects have never materialized into anything reasonable. And I think a significant portion of them have been built by either grifters, incompetent people, or some combination of both.”
Calacanis: Bitcoin will eventually be replaced by superior technology
“Bitcoin is a great technology. It's been proven pretty robustly over a decade, but it will be replaced by a better technology. All technologies replaced eventually by a better technology”
Calacanis: Digital journalism is flawed and BuzzFeed could hit zero
“Journalism is a terrible business. There's no path to viral growth here. Every time you grow in order to grow their top line, they're going to have expense. So if you want to get more page views, you're going to have to hire more expensive entitled writers as …”
Calacanis: Crypto market downturn will trigger hundreds of lawsuits
“And I think this stress test is gonna result in countless And I mean countless lawsuits. Hundreds of lawsuits.”
Calacanis: Disney's streaming bundle will reach one billion subscribers
“I think that between Disney, Hulu, ESPN plus, they're going to get to a billion subscribers.”
Calacanis: Blockchain is a terrible database and will always be slow
“The blockchain as a database sucks. You know, everybody knows that it's slow and it's never gonna get super fast. At least not when compared to You know you know, modern day technology that doesn't have to, you know, be immutable and distributed. So it's alway…”
Calacanis: Consumers will prefer centralized brands over decentralized crypto versions
“I don't think most consumers would pick the decentralized crypto version over the centralized trusted brand. People are underestimating centralized trusted brands.”
Calacanis: Snap CEO Evan Spiegel is a product genius
“And I think Evan Spiegel is a product genius. Like he truly is. If you think about the things Zuckerberg copied from him, ephemeral messaging, lenses, stories, I mean, and glasses.”
Calacanis: All-In hosts agreed to an equal 25% equity split
“And then we just decided, fuck it. We'll just make it a podcast every week. No more events. None of this bullshit. And we'll just own a 25% each.”
Calacanis: Angel investors should only back revenue-generating companies for first 20 deals
“Like I literally tell people only invest in companies that have products in market and have revenue for your first 20 investments as an angel.”
Calacanis: Founder charisma can be faked, great products cannot
“You can become really inspired by a founder and they're, they've been trained on how to be charismatic. Now they've kind of unpacked what charisma is. And how to sort of fake it. So it's quite theatrical at times. But you can't fake a great product. You can't …”
Calacanis bought Bitcoin at $2–$3 and $100–$200
“I bought Bitcoin at like two or three dollars, and then again at a 102 hundred dollars.”
Calacanis: Henry Blodget offered me 5% of Insider and I passed
“Yeah, which used to be Silicon Alley Insider, and you offered me five percent of it because I had Silicon Alley Reporter magazine, and I said, nah, you know, just keep it.”
Calacanis bought 5,000 Stitch Fix shares after Bill Gurley's purchase
“I saw Bill Gurley buy a million shares. I know Bill Gurley. He's really smart. He's been with the company forever. Bill Gurley's buying a million shares. Sure. I'll buy my, I bought 5000 shares.”
Calacanis: LAUNCH averages 70 meetings and two investments per week
“I have 11, I think 10 or 11 people on the investment team at launch. Now we do about 70 meetings a week, probably 50, 60 of them are introductory meetings. And we invest in two companies a week on average. And one of them tends to be a follow on one tends to b…”