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 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
James Reinhart: Later-Stage Fundraising Does Not Get Easier As Startups Scale
“I think sometimes the narrative is, Hey, you raise these rounds, and they just get easier and easier and easier because the capital, you know, you have to deploy gets bigger, and it's not true. It's hard every time you're asking folks to pick you over just the…”
Reed Hastings: Great Teams Allow Leaders to Manage More Direct Reports
“If you have great people working for you can manage a lot of them. If you don't have great people working for you have too many direct reports.”
Reinhart: Board members lack full operational context to give precise advice
“I think that, look, I think the board, you know, they get incredible market intelligence. They talk to lots of founders. They are in different circles. And so their perspective is quite valuable, but they obviously aren't in the company a hundred hours a week …”
Reinhart: Board advice is valuable for re-examining long-held assumptions
“Every time I have a board meeting, the board asks deceptively simple questions. Things that we either take for granted or that we have believed for so long that we forgot why we believe it. And that level of feedback and inquisitiveness, right, helps us say, h…”
Reinhart: Fancy offices and extra finance hires do not create enterprise value
“I can tell you that the same decision to have a really fancy office or hire the ninth person on the finance team when we probably only need six, like those decisions actually don't create seven, 10 year enterprise value.”
Reinhart: Customer data showed ThredUp's original peer-to-peer model was wrong
“My vision was to reinvent the second-hand market and make it Better for buyers and sellers in 2010. And what I realized was that building a peer to peer business was not the right way. And that the data and the qualitative feedback from customers suggested tha…”