Weeks before the 60 Minutes program aired, View secured an additional $100 million in private funding to ramp production at its Mississippi manufacturing facility.
Mostly false False in substance, right in a detail.
Factual: Statements about the present or the past, checked against the record: did they hold up?
Said for an organisation they lead or work for; it counts on both records.
What would count as true or false
The 60 Minutes 'Cleantech Crash' segment aired on 5 January 2014. True: View (formerly Soladigm) announced or closed about $100 million in new private funding within roughly two months before that broadcast, and said the money would scale up production at its Olive Branch, Mississippi plant. Mostly true: the amount was close (about $90–110M) or the purpose was described somewhat differently. Mixed: the funding was real but a key detail differs substantially, such as a timing of several months earlier or a different stated use. Mostly false: the funding came after the broadcast, or was much smaller or not private. False: no such funding round took place around that time.
Set before the research began.
Evidence (4)
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E1 View Receives Mega $100M Investment Massinvestor (reprinted on vcnewsdaily.com) · 7 January 2014
“View, the leader in dynamic glass, today announced a $100 million investment from Madrone Capital Partners. The investment will enable the company to extend its market leadership and meet increasing demand for View Dynamic Glass.”
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E2 View Valuation, Funding & Investors | Multiples Multiples
“View Inc., a Milpitas, CA-based leader in dynamic glass technology that electronically tints windows for buildings to reduce lighting and HVAC costs, received a $100 million equity investment from Madrone Capital Partners on January 7, 2014.”
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E3 View Valuation, Funding & Investors | Multiples Multiples
“CEO Dr. Rao Mulpuri highlighted the investment's role in scaling operations and building U.S. manufacturing plants like one in Mississippi”
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E4 View Receives Mega $100M Investment Massinvestor (reprinted on vcnewsdaily.com) · 7 January 2014
“View is headquartered in Silicon Valley with high-volume manufacturing facilities in Olive Branch, Mississippi.”
Reasoning
E1 and E2 confirm that View received a $100 million private investment from Madrone Capital Partners. E3 links the investment to scaling operations and building U.S. manufacturing plants, including one in Mississippi, and E4 notes View's manufacturing facilities in Olive Branch, Mississippi. However, E1 dates the announcement to 7 January 2014, and E2 says the investment was received on 7 January 2014. Both dates are two days after the 5 January broadcast, not weeks before it. The criteria rate funding that came after the broadcast as mostly false.
Cite this claim
Vinod Khosla, “Weeks before the 60 Minutes program aired, View secured an additional $100 million in private funding to ramp production at its Mississippi manufacturing facility.” (said 14 January 2014). Verdict: mostly false. Reliability API, claim c_8dc61f52a144, method 0.1.0+c876030c, dataset release v1.1.2. https://epistacklabs.com/claims/c_8dc61f52a144
This claim is in dataset release v1.1.2, with the same verdict.
Reply to this claim
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Verdicts are made automatically; how verdicts are made.