Public evidence record
Published podcast speaker
Claim ledger
19 transcript-backed records
01 / belief
“I think at this point, you could say that the old valuation models that we for most of these companies is value this, it’s a Series A, value this.”
02 / uncertainty
“I don’t know whether they’re officially signing lease or not, but certainly had the engine running.”
03 / belief
“You mean in terms of the lead? I think two things, New York-based, but also think about that.”
04 / uncertainty
“” When you call SoftBank, I don’t know if we haven’t determined or no comment, but for whatever reason they’re claiming they’re not controlling this.”
05 / commitment
“Think of DoorDash, think of Uber. It has been that no matter what the industry is, if you buy market share, you can suffer the losses, we will make money eventually.”
06 / belief
“I think that’s part of it but it’s also if you’re Masa, SoftBank looks at what they believe are transformational shift in how people either live or work.”
07 / belief
“If not 20, he has at least 10. I believe he still has 10. He still controls the votes as of two days ago.”
08 / commitment
“I will say that there is an ongoing question of why they didn’t let JPMorgan do the bailout.”
09 / belief
“Unfortunately, the switch that flipped, I think, was more in Adam than in the business.”
10 / commitment
“As we will learn later, he has two people on the board of directors, but they have as much control over financial decisions there as my kid does in my house.”
11 / commitment
“Not about antitrust. They got through antitrust, but about a dozen state attorney generals are suing the block, so we will see.”
12 / prediction
“A huge upfront infrastructure spend and you will get your money, basically recurring revenue year after year. It will take a while to get that back but then eventually, it’s a lot of money down the road and it’s recurring.”
13 / belief
“I’m trying to think of Brooklyn. I’m trying to identify in my mind, the first windmill I’ve seen there.”
14 / belief
“Every single company I think I ever talked to tells me that even though they’re losing a lot of money, their unit economics are fantastic.”
15 / evaluation
“An app company can disappear just like that. There is a scandal or it doesn’t work, there is no product market fit.”
16 / evaluation
“WeWork was the same way and WeWork should have been able to because WeWork have been saying things over the years, again like Uber in mature markets where they have been X number of years or had X number of buildings, we were building profitable.”
17 / evaluation
“” I don’t think that was the breaking point of that deal, but that was something I always heard from Adam’s people internally at WeWork was, that he always felt the reporting on that was wrong because “he was never, ever going to give up control in the SoftBank deal.”
18 / prediction
“For example, Travis Kalanick, I think, owned like 6% of Uber when he got booted, around 6%.”
19 / evaluation
“If the first one doesn’t work, they will come up with another way to make the calculation. But there is some reasonableness to it because you think about if you think about WeWork, the issue was always they had to spend a lot of money upfront.”