why aren't all 9 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
Stebbings: Young VCs from Bain lack real operating and fundraising empathy
“I just see so many thirty-year-olds come out of Bain who are writing ten million dollar checks at large funds, and I'm like, you have no fucking idea how hard it is to raise money to run a business.”
Insight
Stebbings: Exceptional founders never come straight from McKinsey or Bain
“One of the most clear signs for me of an exceptional entrepreneur is they always start early. They always sold Nokia mobile phones on eBay. A lemonade stand at school, you know, whatever that may be. You never came out of McKinsey or Bain and made your first e…”
Opinion
Stebbings: Exceptionalism shows early; nobody makes money first at Bain
“Because I always think that actually exceptionalism shows itself early in life like that. And no one comes out of Cambridge and just makes money at Bain for the first time.”
Opinion
Stebbings: Great entrepreneurs do not start in corporate Bain or Oxford jobs
“I don't think great, great entrepreneurs first made money from getting a job at Bain after three years at Oxford. Like they did something before.”
Insight
Stebbings: Great ambition stems from childhood, not top consulting firms
“It's why whether I'm hiring you or I'm investing in you, I will always go back to your early childhood. No great person who was hugely ambitious fell out of McKinsey and Bain and thought, oh, now I'm going to be really ambitious and courageous.”
Insight
Kunst: Elite graduates increasingly view startup founding as a resume box check
“Entrepreneurship used to be perceived as a massive risk, and now I think for a certain segment of people, they see it as just another box you check, and if you happen to be really good at it, great, but it's just something you have to do the same way that you …”
Assertion Supported
Levanon: Over 150 global venture funds signed statement supporting Israel
“There is now a wonderful supportive letter being posted, being, you know, signed by, I think now there's a 150 different venture capital funds globally that have signed on from, you know, eight VC to upfront to Bain to all these wonderful, you know, Lightspeed…”
Insight
Armstrong: Bain's RAPID decision framework is effective for companies over 500 people
“We also use a decision-making framework called RAPID R-A-P-I-D, which Bain developed And it's, I found it to be pretty helpful as a, as an organization gets to be more than, I don't know, 500 people where you just can't really keep track of who everyone is and…”
Assertion Supported
Stebbings: Gainsight raised over $156 million before its acquisition
“Prior to that, Gainsight raised over one hundred and fifty six million from some of the best, including Lightspeed, Battery, Bessemer, Insight, and Bain, to name a few.”