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

Opinion
Drew Taggart: Mantis VC is bearish on investing in music tech startups
“We actually are pretty bearish on investing in music tech companies, which I feel like we see probably most of them that are out there as of our profile, but we haven't made an investment in the music space yet.”
Drew Taggart Sep 21, 2020 ▶ 9:52 20VC: The Chainsmokers on Raising Their First $35M Fund and Entering The World of Venture, Dealing with Vulnerability and Insecurity Today & How Music and Venture Compare; The Similarities and Differences
Assertion Not checkable as stated
Drew Taggart: Alex Pall relentlessly hassles founders until they explicitly reject him
“Alex's superpower, too, is he's the world's greatest haggler, and he'll just hassle people. Like, if you say you're like, yeah, we're interested in having you in this round, you're not gonna not hear from Alex once or twice a day until you, like, officially pa…”
Drew Taggart Sep 21, 2020 ▶ 17:19 20VC: The Chainsmokers on Raising Their First $35M Fund and Entering The World of Venture, Dealing with Vulnerability and Insecurity Today & How Music and Venture Compare; The Similarities and Differences
Insight
Alex Pall: Contradictory advice from top founders proves no one knows everything
“We've spoken to enough incredibly successful people over the last three months. That, like, everyone begins to contradict themselves. Funny way. You know, in the beginning, you're like, alright, alright, I'm thinking about this the right way, and then, like, t…”
Alex Pall Sep 21, 2020 ▶ 8:56 20VC: The Chainsmokers on Raising Their First $35M Fund and Entering The World of Venture, Dealing with Vulnerability and Insecurity Today & How Music and Venture Compare; The Similarities and Differences
Disclosure
Drew Taggart: Making Mantis VC succeed is live-or-die for The Chainsmokers
“This is a new space and there's a lot riding on this and it's very live or die for us to make this work.”
Drew Taggart Sep 21, 2020 ▶ 8:39 20VC: The Chainsmokers on Raising Their First $35M Fund and Entering The World of Venture, Dealing with Vulnerability and Insecurity Today & How Music and Venture Compare; The Similarities and Differences
Insight
Alex Pall: Startups wanting only social media posts are a red flag
“So obviously there's the press element and things like that, but to us, it's a red flag when a company's like, hey, can you just like post us on social media?”
Alex Pall Sep 21, 2020 ▶ 11:36 20VC: The Chainsmokers on Raising Their First $35M Fund and Entering The World of Venture, Dealing with Vulnerability and Insecurity Today & How Music and Venture Compare; The Similarities and Differences
Prediction Partly held up
Drew Taggart: Mantis VC will not lead investment rounds
“Due to the size of our fund and the check size that we write, we're not leading rounds. Typically, we're not taking up the lion's share of a lot of these rounds.”
Drew Taggart Sep 21, 2020 ▶ 13:33 20VC: The Chainsmokers on Raising Their First $35M Fund and Entering The World of Venture, Dealing with Vulnerability and Insecurity Today & How Music and Venture Compare; The Similarities and Differences
Prediction Not checkable as stated
Taggart: Mantis VC will narrow its thesis around synergistic investments
“Just narrowing our thesis to the point where like the investments we make, the businesses that we have access to, We'll have great synergy with all of the other things that we do and who we are as people.”
Drew Taggart Sep 21, 2020 ▶ 25:48 20VC: The Chainsmokers on Raising Their First $35M Fund and Entering The World of Venture, Dealing with Vulnerability and Insecurity Today & How Music and Venture Compare; The Similarities and Differences
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