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 3 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
Charles Hudson: Building Startups for M&A Strips Out Long-Term Upside
“Because for me, if you start planning for M&A exits from day one, they never end up, in my experience, being quite as large as you would think. Because you've kind of engineered all of the upside out of the company in kind of trying to tailor make it for M&A.”
Precursor Ventures Syndicates Every Deal Due to Small Check Sizes
“And last but not least for me, I have to syndicate everything I do because I don't write large checks at the firm. And so eventually I have to convince at least one or two other people in the ecosystem that the company that I'm interested in has merit.”
Charles Hudson: VCs Without Operating Experience Underestimate Startup Organizational Friction
“I think as a VC, it's easy to sit in the boardroom and see strategically that there's something off with the business and to kind of dictate, Hey, we should fix sales or, Hey, we've got to fix marketing. We've got to fix product. But until you've actually been…”