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 8 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
Guy Turner: B2B product-market fit requires four sequential milestone steps
“So in the earliest stages of a startup, that's, can you get someone to pay for your product? And then it's, can you get more than one someone? So, Five, six, seven, 10, 15, a hundred customers, depending on your price point, to really prove, hey, you didn't ju…”
Turner: Hyde Park avoids founding teams lacking a technical co-founder
“The one wrong way that we're pretty pretty conscious of is we typically will not invest in a founding team that does not have a strong technical co-founder on it.”
Guy Turner: Sales cycles must be much shorter than funding cycles
“So our number one rule in, in startup sales, and when we evaluate a company, is that the sales cycle has to be much, much shorter than the funding cycle. And so, generally, for a company that, you know, is raising 18 to 24 months of runway, we don't like to se…”
Turner: Executive humility prevents hype from damaging startup reputation
“I think there's a way to attenuate the hype, which is by, you know, maintaining a personality of the executives that, that doesn't believe, believe their own press. In other words a company can have lots of hype about it. But if when the executives and CEOs an…”
Turner: Half of Hyde Park investments go to first-time founders
“I would say probably about half of our investments are our first time founders.”
Turner: Startups Should Always Raise Minimum 18 Months Runway
“So, eighteen-month runway is what we consider being the minimum that a startup should raise, regardless of stage whether it's a seed stage, or whether it's a series A or a series B,”
Turner: Startup hype exceeding performance harms future fundraising
“We see that particularly in financings when companies that at one point were very high on the hype curve, and as I like to say, where hype is really ahead of performance where they need to suddenly raise more money, and they actually go in front of investors, …”
Guy Turner: Successful startups limit strategy testing to weeks or months
“The teams that we see being successful will test strategies, put a bound put a boundary on how long they're willing to spend on it without it being successful and then move on to the next thing. And that's measured in weeks and months in a successful startup, …”