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 6 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
Kothari: Founder mode only works if the founder is right a lot
“Founder mode is really good if you have a founder who's right a lot. If they're not, God bless that company.”
Kothari: Omitting sales quotas hurt Notion's early growth
“Some of the best salespeople They join because there is a quota, because they can hit a number, because they can outperform that number. And so actually not having that and not having, you know, the attribution really hurt us, I think the first year or two.”
Kothari: Hiring more people and expanding projects actually slows startups down
“I think you may feel like you're going faster by hiring more people and saying yes to more projects, but in effect it is actually going slower.”
Kothari: SaaS companies average 5x to 10x long-term revenue multiples
“Unless you're trying to just, like, get acquired, you will be valued at a multiple of your revenue or a multiple of your cash flows that you're generating, and they tend to be an average of, like, you know, what, five to 10 X on the revenue multiple side”
Kothari: High valuations matter internally for startup employee morale and stock retention
“Well, valuation matters internally, I think, to employees. I think they, it matters that, like, you know, the stock that they did get is able to be valued that much and continue to grow in value over the years.”