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 855 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 9 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
Pei: Chinese smartphone screen makers sell at a loss via subsidies
“The smartphone screens from China, those companies are losing money to sell the screens. They have policies that subsidize the creation of that industry.”
Sharma: China has invested for 20 years without matching TSMC
“Even see, China started their semiconductor program 20 years back. They're still not able to compete on that.”
Amit Khatri: Indian founders can build hardware 30% to 40% cheaper than Western peers
“For something what they're producing for a hundred dollar, A similar great quality product Indian entrepreneur could build for, let's say, 30, 40% cheaper than them.”
Srinivas: Perplexity offers Deep Research 10x cheaper than OpenAI via DeepSeek
“It's actually pretty expensive to serve deep research for us. We still price it at 20 dollars a month. I think OpenAI's one is, like, slightly more detailed on some queries. But it's priced at 200 dollars a month. And you can see, right, that that's simply bec…”
Aravind Srinivas: Google is the only company full-stack independent of Nvidia
“The only one who's managed to do this, I would say, is Google. They built their own chips, they built their own software around it called JAX, and then they built their own accelerated linear algebra library called XLA. And then, you know, they have their own …”
Srinivas: Perplexity does not train on web data, unlike ChatGPT
“I mean, perplexity, that's why we sort, we attribute it to a source, like, we don't, like, say it's our content, and that way we give credit to the source, and we're not actually training on the data, but ChatGPT is different. They actually train on all the da…”
Polymarket Is Launching a Prediction Market on Bryan Johnson's Nighttime Erections
“So actually next week there's going to be, do you know Polymarket? Yeah. They're launching a market on my nighttime erections.”
Prakash: Indians need lower BMI cutoffs than Westerners
“BMI levels in India need to be lower because our fat thresholds are lower, right? Unless in Indian doctors and in have had this now, and where did this data get kind of research in Singapore, right? Because they are putting money into doing this research to se…”
Chouksey: Second Opinion survey found 41% of recommended surgeries were unnecessary
“There was this company called Second Opinion. And they found out, they did a survey, and they found out that almost 41% of the surgeries were unnecessary.”
Chouksey: All Shilajit research studies are corporate-funded by PrimaVie
“All Shilajit studies are funded by the company that makes Shilajit formulation, Prima V.”
Chouksey: Indian whey protein brands only import and rebrand raw material
“Because even if we talk about whey protein, it's not that we have whey protein companies in India, you know, like besides Amul, I don't think they're just importing. We are importing everything. And when it comes to whey protein, we're just mixing stuff, label…”
Chouksey: Fasting is no better than a standard calorie deficit
“In fact, fasting is no better than just being in a state of calorie deficit.”
Hardware rivals struggle against NVIDIA because of its dominant software stack
“Training is dominated by NVIDIA at the moment. There's going to be other players, but they have a hard time competing because of the software stack, basically. Their hardware may be really good, but the software stack is is a challenge.”
Shankar: Almost 60% of smaller Indian developers closed post-COVID
“So I don't think it's, it can be like monopol, monopolistic or duopolistic just because of how the scale of where things are. But there has been a huge consolidation in the market, especially post COVID. We saw almost 60% of smaller guys Like shut shop.”
Nilekani: ONDC processes twelve billion transactions per month
“And ONDC today does twelve billion transactions a month.”
KL Rahul: Koffee with Karan interview and suspension scarred me massively
“That interview happened.
[5311] Nikhil Kamath: But now you don't.
[5313] KL Rahul: Now I don't, because that interview, like, you know, and this- Scarred you?
[5318] KL Rahul: Scarred me massively. I mean, there was, you know, getting suspended from, from- You…”
Singh: Women are legally barred from bartending in certain Indian states
“Today, to certain states in India, women are not legally allowed to serve also, like even waitressing wise, or be actually making drinks.”
Suri: Beer brands paid bartenders ₹20 per bottle cap to push sales
“In the beer industry, when I was running Jade, I remember this so clearly, people would pay the bartender outside of their job, you return caps to me, I'll give you 20 rupees a cap. For depletion. To make my distributor happy so he sells my product. So I'm bur…”
Kim: Top mobile shooter games are almost entirely developed in China
“Almost all of the top mobile shooter games are all developed by Chinese companies effectively, right?”
Sohn: 80M to 100M Indian gamers are willing to pay in-app
“I believe like, people who are actually regularly playing one specific, one or two specific games, and at least willing to pay. Maybe they haven't paid at all, or they might pay once in a, like, maybe three, five, six months, which has capacity to pay or willi…”
Mittersain: India gaming GST moved to 28% on deposits versus 18% on rake
“Now the latest tax on the GST is 28% on deposits, which was earlier 20. I mean, gaming companies were paying 18% on their rake, right?”
Poddar: Zara never inspected his factory during 12-year partnership
“Zara never inspected my factory for 12 years. They never even visited where I am.”
Rare Rabbit claims to be India's only apparel brand skipping trade bookings
“We are the only brand in the country. We don't do road shows. We don't show our collection and take bookings from the entire trade of 700 people who we, 700 points we sell today. We don't show our collection and take orders from them. We just send what we thin…”
Western Nations Faked Emission Reductions by Exporting Manufacturing to China
“China became part of it in 2002, and it's a clear relationship between when China joined and how its emission curve went up. Now, the problem is not that China's emission curve went up, but the fact the rest of the world thought they had reduced their emission…”
Developed Nations Deliver 75% of Global Climate Finance as Loans, Not Grants
“So that's 75% is loans. So it's more or less loans.”
Unmetered Farm Power Let Indian Industries Steal Electricity and Hide Losses
“What happened in India is that they said we'll give free power to farmers. The farmers stopped being metered, right? And when the farmers stopped being metered, you didn't know what was happening to the electricity. And so industry started conniving with the l…”
India Directs Only 3% of Its Energy R&D Budget Toward Renewables
“So energy R&D is forty-five billion. Right? A hundred and fifty million of that goes into clean energy R&D. A third of it goes into fossil fuels. The rest is nuclear. Over all these years, Three percent is going into clean energy and going into renewable energ…”
EV usage and buying patterns are identical across Indian city tiers
“I think tier one daily usage is 31 kilometers, tier two is like, 32, tier three is like, 29. There is no meaningful difference of usage, daily usage. There is no meaningful difference of buying patterns. Tier one, tier two, tier three.”
Tarun Mehta: Ather's charging connector is India's national standard
“Charging standard has become the national standard.”
Mehta: Viable cell manufacturing in India requires at least 4,000-5,000 crore investment
“The challenge of setting up cell manufacturing in India for a while now has been demanding. And the minimum investment required is pretty high. Like if you're not putting, if you're not bringing four, 5000 crores to the table, practically, it'll be very diffic…”
Mehta: Ather has the world's largest electric two-wheeler R&D team
“Yes, that's why I said it's the world's largest R&D for two wheelers, electric two wheelers.”
Maini: Swappable battery EVs are denied subsidies given to fixed-battery versions
“In their showroom, there's a vehicle with a fixed battery and one with swappable. Both have identical vehicles. You can't tell the difference between them. You buy the one with fixed, the customer subsidy comes through. You buy the one with swappable, the subs…”
Every EV subscription startup quietly pivoted into an auto-financing company
“Every company who's talked about cracking subscription, quickly, quietly became a financing company. Everybody.”
Yassin: Lost $1M brand deal after posting Israel-Palestine video
“I lost a million dollars from making that video from a brand deal,”
Kalra: Indian Commercial Rents Per Square Foot Exceed Trafalgar Square
“There are restaurants that I've signed within India that have lower, sorry, that have a higher rent per square foot than my restaurant in the US or Canada or in Trafalgar Square in England.”
Amlani: Aggregator Fees and Platform Discounts Consume 55% of Order Value
“You've not just got your delivery costs, you've got your discovery costs, which means that you're paying To be visible in a carousel, you're paying to be visible in one of those collections. I think that they would easily spend about 12% more on that. So you'r…”
Amlani: Delivery Platforms Lose 5,000 Restaurants Weekly But Gain 6,000
“And what they have seen is that for every 5000 restaurants that come off their platform every week, they get another 6000 restaurants coming in there still.”
Amlani: Cloud Kitchen Mortality Rates Are Twice as High as Restaurants
“For the average, if what you think it mortality rates in the restaurant businesses are high, the mortality rates in the cloud kitchen business are twice as high because you, the data which we've seen, I said. 5000 restaurants a month are going off platforms.”
Biyani: 30 million households drive 60% of India's total consumption
“The 30 million, what do you call, three crore households in this country, are basically contributing to 60% of India's consumption.”
Subramaniam: Lead actor fees consume 25% to 50% of big-ticket film budgets
“You would say that if you're making a big ticket film, the actor would be Anywhere between 20 to 50% of that. 25 to 50% of that.”
Munjal: Tier-2 and tier-3 Indian engineering colleges have 2-10% placement rates
“What about the 97%? They go into these engineering colleges in, let's say tier two, tier three cities. Their job placement rate is Two percent, five percent, 10%.”
Kamath: Large agricultural companies exploit farm exemptions to avoid taxes
“There are people like Monsanto, big agri companies who earn 305 hundred crores a year. They don't pay tax because they take advantage of that farm loan waiver.”
Kumar: Rameshwaram Cafe runs on 70% gross and 30% EBITDA margins
“I'm just saying it's a 70% gross margin. They must be doing EBITDA and monthly level generating around 30%. Minimum.”
Biyani: Only 11% to 13% of Indians constitute the real consuming class
“I would say 11 to 13% would be the consuming class.”
Umang Bedi: Dailyhunt is profitable
“We were just burning a little bit more in that phase of daily hunt. And now of course it's profitable”
Bedi: Startups spend roughly 60% of raised capital on Google and Meta
“I would say 60% goes to Google and Facebook.”