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 7 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
Coatue informs founders of late-stage competitor investments without asking their permission
“If I view a perceived conflict between companies even if they're later stage, I will always let the founders know. Directly. And I'm not asking for their permission.”
Laffont: Casting sheet sought a 'Jordana Brewster-like' actress but rejected Brewster
“I represented Jordana Brewster who's to, who's a friend now and is married to a friend of mine, but one day on one of the casting sheets it said, hey a Jordana Brewster-like actress for this role, so I called and I said, well, what about Jordana Brewster? This…”
Coatue's analysis of iPod semiconductors led to its early Apple investment
“And pretty soon if you started in semis at the time, all the roads led to one company and that was in Cupertino and it was Apple. Why? Well, because the iPod was starting to really gain traction, and an iPod was a semiconductor product, it had NAM flash, it ha…”
Coatue correctly predicted early iPhone sales but mistakenly modeled declining prices
“When I look back at our old Apple model, I actually think we did a pretty good job on units. Where we were way off is we had the price of the phone declining five to 10% a year, because that's what every consumer electronics product did. And in fact, the ARPU …”
Laffont: Coatue Led Snapchat's Series C at $1.5B Valuation
“Our most successful deal is one that broke all of the rules, ah, that I just laid out, which was Snapchat. Where I think we led the series C in that, an evaluation of about a billion and a half.”