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 105 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
Frankel: Founder Collective Requires 'I Love It Because' to Invest
“We have at our team meeting, I love it because dot dot dot. If you can't complete that sentence, you can't invest.”
Frankel: Founder Collective holds PE acquisition LOI for vertical SaaS portfolio company
“We've got an LOI in a vertical SaaS business right now. LOI. We haven't got, this is not there yet. The company's done tens of millions. It's got a good valuation. It's PE.”
Frankel: Founder Collective built dedicated systems and staff for partner matchmaking
“So, Harry, I promise you, I imagine a lot of your time is like, oh, think about that fund, think about that partner, to the point that over 15 years we've operationalized this. Like our software, I don't care if you use Monday, Airtable, we use Airtable. But o…”
Frankel: Founder Collective liquidates smaller IPO stakes for cash but distributes stock for large positions
“The answer there typically has been with big distributions, with large positions, so fund movers, or it's half the fund, we distribute, and we say it's up to you. With smaller positions, when at IPOs, so desktop metal, for instance, it got to the point where i…”
Frankel: Founder Collective has completed fewer than ten secondary deals ever
“Like if I think of the secondary we've had over our entire kind of, you know over a career, I can count it maybe on two hands.”
Frankel: Founder Collective maintained a constant fund size over 12 years
“Harry, we could sound almost anachronistic because we've kept the fund size pretty much the same for the last 12 years now through FC one, two, three, four.”
Founder Collective backed Peartree to modernize the child adoption industry
“One of them, Peartree comes to mind. Peartree is using dating style software in the adoption industry, literally adopting kids, and so, you know, if you look at that, there's a massive, archaic industry that's been done the same way forever.”
Boujarwah: Dia & Co hit millions in run-rate before Founder Collective invested
“By the time that we had Founder Collective reemerged in conversations, the business was already doing millions of dollars in run rate revenue”
Founder Collective writes $200K to $2M seed checks depending on lead status
“We write checks at the seed stage between sorry, between 200,000 dollars and two million dollars. So it depends if we're leading or participating. We don't have a Is there an opportunity to lead, and who's the most qualified fund for this particular opportunit…”