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 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

Insight
Olteanu: Founders should expect more from VCs than just doing no harm
“Right now, many founders will tell you that if a VC is not harmful to the company, that's already a success. And I say the expectations should be higher from founders because while a VC cannot play the chess game for you and move the pieces. They have seen a l…”
Oana Olteanu Nov 19, 2022 ▶ 8:05 Oana Olteanu: Why Founders Should Expect More From Their VCs | 20VC #950 · 20VC with Harry Stebbings
Insight
Olteanu: 'Schrödinger's VCs' promise help but add no value post-investment
“Schrodinger's VC is what I call a VC who preaches a lot of help, especially before winning a deal. But then if you ask the founders, they will tell you they added no value.”
Oana Olteanu Nov 19, 2022 ▶ 4:17 Oana Olteanu: Why Founders Should Expect More From Their VCs | 20VC #950 · 20VC with Harry Stebbings
Disclosure
Farmer: SignalFire refuses to take board seats at the seed stage
“At the seed stage, we don't take board seats.”
Chris Farmer Nov 30, 2016 ▶ 13:55 20VC: Why There Is A Revolution In VC, Why Boards Are Inherently Inefficient & Why Data Will Be Central To VC In The Future with Chris Farmer, General Partner @ SignalFire
Assertion Not checkable as stated
Farmer: SignalFire almost always beats traditional seed funds head-to-head
“And as a result of that, we have an unbelievably high win rate against the top venture firms in the industry and almost always win head to head against the seed funds because typically we're competing with, you know, two guys and a dog and we're bringing an ar…”
Chris Farmer Nov 30, 2016 ▶ 13:03 20VC: Why There Is A Revolution In VC, Why Boards Are Inherently Inefficient & Why Data Will Be Central To VC In The Future with Chris Farmer, General Partner @ SignalFire
Disclosure
Farmer: SignalFire operates more like Uber than a database like Mattermark
“We're using technology to enable discovery, competitive intelligence, contextualization, collaboration, and ultimately support of our portfolio companies. So, so we look more like Uber than we look like Mattermark in that sense.”
Chris Farmer Nov 30, 2016 ▶ 9:31 20VC: Why There Is A Revolution In VC, Why Boards Are Inherently Inefficient & Why Data Will Be Central To VC In The Future with Chris Farmer, General Partner @ SignalFire
Disclosure
Farmer: SignalFire does not use data to evaluate founder quality
“I'd still believe in, you know, heavily in human loop systems, and so we're not trying to assess the quality of the founder, you know, with using data.”
Chris Farmer Nov 30, 2016 ▶ 8:37 20VC: Why There Is A Revolution In VC, Why Boards Are Inherently Inefficient & Why Data Will Be Central To VC In The Future with Chris Farmer, General Partner @ SignalFire
Disclosure
Farmer: SignalFire leads every investment deal it participates in
“We lead every deal.”
Chris Farmer Nov 30, 2016 ▶ 16:14 20VC: Why There Is A Revolution In VC, Why Boards Are Inherently Inefficient & Why Data Will Be Central To VC In The Future with Chris Farmer, General Partner @ SignalFire
Disclosure
SignalFire employs 17 staff, primarily engineers and data scientists
“Today we have 17 full-time people on the team, and we have more engineers and data scientists than any other function.”
Chris Farmer Nov 30, 2016 ▶ 7:55 20VC: Why There Is A Revolution In VC, Why Boards Are Inherently Inefficient & Why Data Will Be Central To VC In The Future with Chris Farmer, General Partner @ SignalFire
Assertion Not checkable as stated
Farmer hired six researchers to interview 500 founders and deconstruct VC
“I hired six researchers for a year in 2009 to study precisely that question. And we interviewed over 500 founders and 170 funds from seed to buyout hedge and every major venture fund in between.”
Chris Farmer Nov 30, 2016 ▶ 4:57 20VC: Why There Is A Revolution In VC, Why Boards Are Inherently Inefficient & Why Data Will Be Central To VC In The Future with Chris Farmer, General Partner @ SignalFire
Assertion Not checkable as stated
Farmer: Survey of 500 founders reveals recruiting is the top pain point
“So, you know, in the research we did, interviewing over 500 founders, recruiting was the number one pain point of almost all the founders”
Chris Farmer Nov 30, 2016 ▶ 12:30 20VC: Why There Is A Revolution In VC, Why Boards Are Inherently Inefficient & Why Data Will Be Central To VC In The Future with Chris Farmer, General Partner @ SignalFire
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