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 9 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

Disclosure
Esipov: Top Silicon Valley executive search firm sent 95% male candidate slate
“For example, I am working on several executive searches right now, and the first slate that one of the top tier executive search firms here in the Valley brought me was like, 95% male, and the five percent that was not male were candidates that I had put forwa…”
Misha Esipov Mar 20, 2020 ▶ 18:38 20VC: How To Assess Risk and Value Creation, Why It Would Be Better If VCs Had Smaller Portfolios & How To Optimise Internal Decision-Making with Misha Esipov, Founder & CEO @ Nova Credit
Opinion
Esipov: External recruiters cannot solve diversity hiring for startups
“I have never found a recruiter that can solve diversity. I think that is something that as a leadership team, you have to make a company-wide priority and do yourself.”
Misha Esipov Mar 20, 2020 ▶ 18:29 20VC: How To Assess Risk and Value Creation, Why It Would Be Better If VCs Had Smaller Portfolios & How To Optimise Internal Decision-Making with Misha Esipov, Founder & CEO @ Nova Credit
Insight
Esipov: Consensus-based decision-making yields slow, average outcomes for startups
“It's very tempting, especially as a first-time team, to make every decision consensus-based. And so you deliberate on every decision, and everything takes forever. And oftentimes, unfortunately, you end up with a decision that's the average, as opposed to what…”
Misha Esipov Mar 20, 2020 ▶ 14:08 20VC: How To Assess Risk and Value Creation, Why It Would Be Better If VCs Had Smaller Portfolios & How To Optimise Internal Decision-Making with Misha Esipov, Founder & CEO @ Nova Credit
Assertion Supported
Boyle: Nova Credit was the only credit reporting agency built for immigrants
“With Novacreda and Misha, there really isn't another Credit reporting agency built for immigrants. No one else is building in that sector.”
Katherine Boyle Oct 1, 2020 ▶ 16:59 20VC: What Is Founder Narrative Fit and How to Detect and Invest In It, How To Avoid Consensus Thinking When Investing, Price Sensititivity; When To Pay Up vs Stay Disciplined & From New York Times To General Catalyst; Why Venture and Journalism are Not S
Insight
Esipov: Address core business model risks upfront during VC fundraising
“My style in having fundraising conversations is not to try to hide the most challenging part of a business model under the mattress. Instead, I try to bring it up forefront and talk about why I recognize it to be a concern and how I've Personally gotten comfor…”
Misha Esipov Mar 20, 2020 ▶ 8:21 20VC: How To Assess Risk and Value Creation, Why It Would Be Better If VCs Had Smaller Portfolios & How To Optimise Internal Decision-Making with Misha Esipov, Founder & CEO @ Nova Credit
Assertion Not checkable as stated
Nova Credit's first seven hires were all male
“So we started as three co-founders, and we scaled up to 10 folks, and all seven of those hires were male, despite having Nikki, my co-founder, not being male.”
Misha Esipov Mar 20, 2020 ▶ 17:04 20VC: How To Assess Risk and Value Creation, Why It Would Be Better If VCs Had Smaller Portfolios & How To Optimise Internal Decision-Making with Misha Esipov, Founder & CEO @ Nova Credit
Prediction Not checkable as stated
Esipov: Nova Credit CEO will not override non-tier-one team decisions
“So long as it's not a tier one decision, I will not overstep my line. That is their decision, and so long as I've been consulted, and they hear my perspective, if they still want to move forward, that is their call, and they will learn from that, whether it wo…”
Misha Esipov Mar 20, 2020 ▶ 15:59 20VC: How To Assess Risk and Value Creation, Why It Would Be Better If VCs Had Smaller Portfolios & How To Optimise Internal Decision-Making with Misha Esipov, Founder & CEO @ Nova Credit
Assertion Not checkable as stated
Esipov: Nova Credit can serve 60% of annual U.S. newcomers
“We've built an incredible foundation that now has the ability to serve About 60% of the annual inflows of newcomers to the U.S.”
Misha Esipov Mar 20, 2020 ▶ 24:38 20VC: How To Assess Risk and Value Creation, Why It Would Be Better If VCs Had Smaller Portfolios & How To Optimise Internal Decision-Making with Misha Esipov, Founder & CEO @ Nova Credit
Disclosure
Pear VC Invested in Nova Credit Before It Had a Product
“We invested before there was a product. There were students at Stanford and they were coming here to our lectures or talks, et cetera. Just an amazing team.”
Mar Hershenson May 24, 2017 ▶ 24:06 20VC: The Biggest Indicators Of Success In Founding Teams, How To Balance Both Vision and Operations & Taking Money From "The Man At The Rug Store" with Mar Hershenson, Founding Managing Partner @ Pear.vc
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