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 12 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
Bier: Apple is the true monopoly, hurting small businesses via ad changes
“Yeah, it goes to show that the monopoly might not be Facebook. It might very well be Apple. The fact that they could just, you know, hobble a bunch of small businesses overnight with by hurting the performance of ads. And I think, you know, a lot of people say…”
Bier: FTC will block Meta from acquiring competitors to fix growth
“The regulators the FTC they won't re they won't sign off on any sort of large acquisition of a user base. So They're losing users from an engagement from these two other competitors. And at the same time, they can't really buy their way out of it like they did…”
Bier: Big tech takes over two years to clone startups
“After being on the inside, it takes about a year of collecting data for them to even think about building something like this or building something they see happening in the market. And then it takes three months of like a framing process where you do research…”
Bier: Meta has the world's best misinformation systems
“They have some of the best integrity systems, the best Spam the best misinformation detection systems out of any, probably any company in the world.”
Bier: Big tech companies exist for founder egos, not profit
“Companies exist for like big tech companies exist for the egos of the founders. And at the end of the day, he just wants to be liked. He just wants to build something that helps people.”
Bier: Big tech companies rarely build breakout zero-to-one products
“Many, most of big tech has not ever built in house zero to one products that have had that have broken out. I like the iPhone. It was truly like a historical example that that happened. But I think if you look across all of big tech, you rarely see that happen…”
Bier: The metaverse and face computers are many years away
“I think the metaverse is many years away. At least I don't see us wearing face computers anytime in the short term.”
Bier: Meta stock is a strong value buy at 16x PE
“I think they have a shit ton of, bottom line is they have a shit ton of talent for that PE ratio. I think it's a very good value buy right now”
Nikita Bier: TBH Would Have Failed If Launched on First Try
“If we just struck it on the first try, I think it would have crashed and burned really quickly.”
Nikita Bier: TBH Reached Nine Million Users in 90 Days
“I mean, nine million users in I think it was like, 90 days.”