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.

clear all ✕

why aren't all 10 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

Opinion
Intellectual property is a startup's only leverage in Big Tech acquisitions
“Because in the end of the day, once they're about to get acquired by Google or whatever that might be, the only actually tool that they will have in the conversation will be how good IP they have, of course.”
Demetrius Giannoccaro Jun 20, 2017 ▶ 3:09 696: The Debate: Are Patents "Entrepreneurial" Or Unfair?
Insight
Startups must build IP portfolios once they reach billion-dollar valuations
“Regardless whether you're a Snapchat or let's say that you're Uber, you need to file patents because in the end of the day, as long as you're small, nobody will care if you do whatever they do. But once you start to become the huge billion valuated company, yo…”
Demetrius Giannoccaro Jun 20, 2017 ▶ 5:41 696: The Debate: Are Patents "Entrepreneurial" Or Unfair?
Assertion Not checkable as stated
Facebook files defensive patents solely to avoid being blocked by competitors
“They file a lot of patents, and the reason why they do it is because they want to make sure that no one else will infringe on them or Maybe stop them for offering a service.”
Demetrius Giannoccaro Jun 20, 2017 ▶ 5:03 696: The Debate: Are Patents "Entrepreneurial" Or Unfair?
Assertion Not checkable as stated
IAMIP has had zero customer churn since its inception
“Currently zero.”
Demetrius Giannoccaro Jun 20, 2017 ▶ 12:06 696: The Debate: Are Patents "Entrepreneurial" Or Unfair?
Insight
Corporate employees often do not know what patents their firm owns
“You know, one of the most common problem within large corporations is that the employees don't even know which type of patent the company have. And that's actually the reality.”
Demetrius Giannoccaro Jun 20, 2017 ▶ 3:35 696: The Debate: Are Patents "Entrepreneurial" Or Unfair?
Assertion Not checkable as stated
IAMIP reached $60,000 in monthly recurring revenue after three years
“It was three years ago, and today we have reached an MRR of approximately 60,000 US dollar a month.”
Demetrius Giannoccaro Jun 20, 2017 ▶ 6:19 696: The Debate: Are Patents "Entrepreneurial" Or Unfair?
Assertion Not checkable as stated
Thirty percent of IAMIP's paying customers are Fortune 500 companies
“And I would say 30% of these customers are among the fortune 500.”
Demetrius Giannoccaro Jun 20, 2017 ▶ 7:01 696: The Debate: Are Patents "Entrepreneurial" Or Unfair?
What-if
Giannoccaro regrets not sharing equity with more early co-founders for speed
“I regretted that I didn't invite more people so we could be, have been much faster in the development because the problem was to find good people.”
Demetrius Giannoccaro Jun 20, 2017 ▶ 8:57 696: The Debate: Are Patents "Entrepreneurial" Or Unfair?
Disclosure
IAMIP is raising a 1 million euro round at a $5M valuation
“And this valuation run that we're in now was actually five million US dollar.”
Demetrius Giannoccaro Jun 20, 2017 ▶ 10:34 696: The Debate: Are Patents "Entrepreneurial" Or Unfair?
Disclosure
Giannoccaro says he will never build another startup due to the toll
“But most likely, Nathan, I would never do this again. It has killed me.”
Demetrius Giannoccaro Jun 20, 2017 ▶ 18:07 696: The Debate: Are Patents "Entrepreneurial" Or Unfair?
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