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
Wesley Chan Refuses to Invest Without a 100-Year Company Vision
“If the founder comes to me and doesn't have a hundred year plan, I don't want to, I don't care. I don't want to be involved. We don't just do wedges, right?”
Wesley Chan Ignores TAM and Market Size When Making Investments
“I don't do it. I don't actually, you know, look at the say, is the market big enough? I just say, does the founder have a unique insight on a market that hasn't been created yet or that, you know, they're about to expand into.”
Wesley Chan: Outlier returns come from market-creating companies
“My outlier returns the companies that I've had the privilege of working with Are ones that create new markets.”
Wesley Chan Caps FPV Ventures' $450M Fund at 20 Core Positions
“I can only do maybe 20 at most core positions in my fund.”
FPV Ventures Closed Its $450M Inaugural Fund in Under Two Months
“We were able to close in, you know, less than a couple months. And we were, you know, almost two, if not three X oversubscribed in the commitments that we were able to take room for them. We capped it at four 50, right?”