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 10 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
Regulated startups must move fast without breaking things to avoid regulatory ruin
“The motto we mentioned here is sort of a play on, on the Facebook motto of move fast and break things. Our motto is move fast without breaking things because, you know, you can't afford to break things when you're regulated.”
Founders should hire fast to avoid missing out on strong candidates
“There's a saying that says hire slow and fire fast. You know, I think there's components of that that are true, but really I think there's a lot of times where you should hire fast and not, not hire slow. And I think you know, I think ultimately when you have,…”
Marketplace startups must solve supply before demand to ensure good user experiences
“You know, I think supply is the area to focus on first, because if you don't have a product for the demand side, that experience Your experience is going to be pretty bad, and your earliest buyers are probably going to be your biggest proponents, and then the …”
Any startup employee can grow with the company as it scales
“I think as a CEO of realty shares, the kind of position I always take is any employee can grow with the company and it's their sort of job to lose.”
Founders should optimize for investor alignment over slight valuation premiums
“Don't optimize for valuation, optimize for the company and the company that's investing in you and then the board member that's joining your company. And if there's a strong fit there, because ultimately there's not a big difference between what VCs and invest…”
RealtyShares will expand into title, escrow, and sales by 2021
“But in the next five years, I can see us tackling other parts of the transaction process from title to escrow to purchase and sale.”
High valuations during market booms create significant risks for follow-on fundraising rounds
“A lot of companies didn't raise that really high series A valuations or series B valuations because the market was very irrational. And now are having a hard time, you know, raising that next round, you know, because they weren't able to hit the growth metrics…”
RealtyShares real estate investments yielded 8% to 9% or more in 2013
“Back in 2013 when, you know, this exists today where yields were really, really low. So we also benefited from a very low yield environment where a lot of our investments were paying eight, nine percent or more And you were getting half a percent in your bank …”
RealtyShares surpasses $200 million in funded deals with top VC backing
“RealtyShares recently announced an incredible two hundred million funded deals through the platform, so a huge congratulations to them. For that, and they've also raised funding from some of the world's best investors, including the one and only Union Square V…”