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 7 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
Teli: VCs should avoid detailed rejection feedback because founders debate it
“With, what I like to do is give just a couple of reasons for why, like, you know, the most important reason for why, but not too detailed, because the problem with giving really detailed feedback is I've rarely had an entrepreneur who didn't try to argue with …”
Teli: Fast rejections are the most valuable service VCs offer founders
“So, so, so I think that actually the biggest thing that you can do to provide value is to say no as quickly as possible. Because you know, the, what's more valuable, right? It's the entrepreneur's time. That's like the most valuable thing. And so the longer th…”
Teli: Connect Ventures rarely invests without a strong UX focus
“If user experience is not at the core of that it's just not likely that we invest at all.”
Teli: VC funds need partners with founder or early-stage experience
“If you're starting a fund, to have someone, or at least some of the partners, have started a company, or been very early in a company, because I think they can relate to founders in a very different way.”
Teli: VCs giving 'maybe' responses unfairly string founders along with false hope
“A lot of times, VCs say maybe, which is, I think, just a very not nice way of saying no, right? Right, because it gives the entrepreneur hope, and a lot of times the entrepreneurs interpret them maybe as a not no, you know, and it's just keeping them hanging o…”
Teli: VC firms should operate as partnerships rather than solo GPs
“I'm a big believer in VC partnerships, rather than working alone.”
Connect Ventures launched without an office, website, or business cards
“One of the things we had to deal with the first year is, People didn't take us seriously until we had business cards, because they didn't really believe we were a real fund. And so, like, we didn't have an office. We didn't have business cards. There wasn't a …”