ClaimsVinod Khosla

“AMZN price declined 90% next few years!”

Vinod Khosla, on X 14 October 2021 Post by @vkhosla on X, 2021-10-14 (X)

Factual Economics and markets

Amazon's stock price declined 90% over the few years following the dot-com era.

Resolved true The record shows it happened or was so.

Factual: Statements about the present or the past, checked against the record: did they hold up?

What would count as true or false

True if Amazon's stock price fell by about 90% (80–95% counts) from its dot-com-era peak (around December 1999) to its trough in the following few years (around 2001). Mostly true if the decline was large but between 70% and 80%, or the timing is slightly off. Mixed if the decline was about 50–70%. Mostly false if the decline was real but well under 50%. False if no major decline occurred.

Set before the research began.

Evidence (1)

  1. E1 At one point, Amazon stock was down 90% but investors ... CNBC · 18 December 2018

    “Amazon's stock tumbled month after month as well, losing more than 90 percent of its value in two years.”

Reasoning

E1 is a CNBC report independent of the subject. It says Amazon's stock lost "more than 90 percent of its value in two years" during the dot-com bust. That size matches the criteria's range of about 90% (80–95%), and a decline over two years [E1] is consistent with the period the criteria describe, though E1 does not give the exact dates of the peak or the trough. E1 gives no exact peak or trough prices, but its description is enough to support the claim.

Cite this claim

Vinod Khosla, “Amazon's stock price declined 90% over the few years following the dot-com era.” (said 14 October 2021). Verdict: resolved true. Reliability API, claim c_eafb3ab2a20a, method 0.1.0+c876030c, dataset release v1.1.2. https://epistacklabs.com/claims/c_eafb3ab2a20a

This claim is in dataset release v1.1.2, with the same verdict.

Reply to this claim

For Vinod Khosla, or someone speaking for them: a correction or counter-evidence. Replies are read before anything is shown; an approved reply shows your name, role, date, statement and link. Your email address is never shown and is deleted 30 days after the decision (privacy).

More factual claims by Vinod Khosla

  1. Mostly true Factual 20 October 2021
    “And massive outcomes for @khoslaventures and others but more importantly a big change in the devops landscape.”

    GitLab's outcome produced massive financial returns for Khosla Ventures and other investors.

  2. Resolved true Factual 24 February 2020
    “What it is today wasn't part of the plan when we originally invested.”

    Square's current business was not part of the plan when Khosla Ventures originally invested; it started as a hardware dongle.

  3. Mostly true Factual 16 May 2019
    “misses many compelling ones like Rubrik which is younger and growing much faster than Cohesity!”

    Rubrik is younger than Cohesity and is growing much faster than Cohesity.

  4. Mostly false Factual 14 January 2014
    “Weeks before your program aired, View secured an additional $100 million in private funding to ramp production at its Mississippi-based manufacturing facility, which is creating scores of new…”

    Weeks before the 60 Minutes program aired, View secured an additional $100 million in private funding to ramp production at its Mississippi manufacturing facility.

  5. Mostly false Factual 14 January 2014
    “Cleantech subsidies are a miniscule fraction of one-percent of these amounts.”

    Cleantech subsidies are a minuscule fraction of one percent of the fossil-fuel subsidy amounts referred to.

All of them

Verdicts are made automatically; how verdicts are made.