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.

clear all ✕

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

Insight
Startups can outsource video production, but not brand building
“You can hire out video production, but you can't hire out brand building.”
Jesse Genet May 4, 2018 ▶ 13:09 20VC: Why VCs Are Wrong About Bootstrapped Founders, How Content Can Be Used As A Key Customer Acquisition Tool & How To Use Humour When "S*** Hits The Fan" with Jesse Genet, Founder & CEO @ Lumi
Prediction Not checkable as stated
Accessible manufacturing will drive a surge of challenger brands across all categories
“If you democratize access to the best manufacturing and make supply chain easier to manage, what that leads to is it becomes easier, kind of in the same way Shopify made it so much easier for us all to launch our ideas on a whim. It becomes easier for fantasti…”
Jesse Genet May 4, 2018 ▶ 26:41 20VC: Why VCs Are Wrong About Bootstrapped Founders, How Content Can Be Used As A Key Customer Acquisition Tool & How To Use Humour When "S*** Hits The Fan" with Jesse Genet, Founder & CEO @ Lumi
Insight
Bootstrapped founders often fail to leverage capital to save time
“Working with a creator is a great example of spending money to save time. The concept that if you get that hire in two months instead of eight months, you've fundamentally shifted your roadmap forward. That is a type of thinking that is not very common in a bo…”
Jesse Genet May 4, 2018 ▶ 9:40 20VC: Why VCs Are Wrong About Bootstrapped Founders, How Content Can Be Used As A Key Customer Acquisition Tool & How To Use Humour When "S*** Hits The Fan" with Jesse Genet, Founder & CEO @ Lumi
Assertion Not checkable as stated
Lumi's employees fall completely outside legacy competitors' hiring pipelines
“All 30 people that I have working at Lumi would not be people who would be within the Scope of hiring or the candidate pipeline of any of my competitors”
Jesse Genet May 4, 2018 ▶ 19:54 20VC: Why VCs Are Wrong About Bootstrapped Founders, How Content Can Be Used As A Key Customer Acquisition Tool & How To Use Humour When "S*** Hits The Fan" with Jesse Genet, Founder & CEO @ Lumi
Disclosure
An investor fell asleep during a pitch meeting with Jesse Genet
“Well, I'm pretty sure someone actually slept through a meeting I took with them, so that, that was a pretty strong signal, but I, they looked very, very tired, and they had, like, kind of shiny glasses on. I couldn't really see whether their eyes were open, bu…”
Jesse Genet May 4, 2018 ▶ 16:43 20VC: Why VCs Are Wrong About Bootstrapped Founders, How Content Can Be Used As A Key Customer Acquisition Tool & How To Use Humour When "S*** Hits The Fan" with Jesse Genet, Founder & CEO @ Lumi
Disclosure
A VC repeatedly asked Jesse Genet if Lumi made physical boxes
“There was one meeting I took where someone kept asking whether I was truly talking about boxes. Like, I would be like, and then this is happening in the industry, and here's how the corrugated equipment works. And they'd be like, we're talking, like, you mean …”
Jesse Genet May 4, 2018 ▶ 16:58 20VC: Why VCs Are Wrong About Bootstrapped Founders, How Content Can Be Used As A Key Customer Acquisition Tool & How To Use Humour When "S*** Hits The Fan" with Jesse Genet, Founder & CEO @ Lumi
Assertion Not checkable as stated
Lumi's YouTube series paid for itself within months via B2B acquisitions
“It was a matter of months for us. I mean, we, you know, my personal project, the Shipping Things YouTube show, started last March, and by early summer, like June, we could point to specific customers who discovered us via that content, had onboarded, and were …”
Jesse Genet May 4, 2018 ▶ 14:16 20VC: Why VCs Are Wrong About Bootstrapped Founders, How Content Can Be Used As A Key Customer Acquisition Tool & How To Use Humour When "S*** Hits The Fan" with Jesse Genet, Founder & CEO @ Lumi
Made with StarZero

Turn any episode into a week of clips.

This entire site, over 1,200 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.