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 6 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
Bannon: The Friedman Doctrine is one of history's most dangerous economic ideas
“We think it's actually one of the most wrongheaded and probably dangerous doctrines in the history of the world, and I know it sounds a little Strange to say that an economic doctrine is very dangerous, but we think it's allowed a lot of businesses to pursue p…”
Bannon: Deep tech startups should shift to debt after three equity rounds
“So almost every single deep tech company that we've invested in has a clear path to growing off of equity for maybe three rounds, and then growing off of project or debt financing for the rest of their life.”
Bannon: Mission-driven funds get more technical diligence help than traditional VCs
“Given our fund's mission, people are willing to help us do that more so than they would be with a traditional fund.”
Bannon: Solving societal problems gives startups a systemic competitive advantage
“I believe you can. And so, we get this question a lot, and one of, I think, the analogies that I like to give is, at some point, people thought the transition to the cloud was going to be a really big deal, and that cloud-based companies would have very real a…”
Bannon: Synthetic biology seed costs now match standard SaaS seed budgets
“There have been a number of changes over the last five years that actually allow you to get from idea to prototype product on the same amount of money you would need to raise for a seed round if you're raising for a SaaS company, right?”
Bannon: Fifty Years requires a clear path to $1B in revenue
“Our sort of like very high level filters are we want founders that are interested in building billion dollar businesses that have positive impact. Then we want to see ourselves a path to a billion dollars in revenue. And then we want to see ourselves the path …”