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
Disclosure
Chang: I stop giving feedback to non-improving employees until they leave
“If I, when I realize a person, if I keep giving negative feedback to a person and they haven't improved, then I just stop bothering. Then, you know, they can leave the company.”
Disclosure
Chang honored a $140M oral agreement over a higher term sheet
“It was roughly where we were at a 145. About one 40 actually. And we had an oral agreement with Bolton, we'll take the term sheet. And then, but we haven't signed the term sheet yet. And then later, there was another investor that came, they came and said, I w…”
Disclosure
Revolut Founder Nikolay Storonsky Stated His Goal Was to Beat JPMorgan
“I asked Nick, like, what's, what's your ambition? Like, what keeps you motivated? And at the time he's, you know, worth quite a bit of money already. So, you know, what gives us, what drives him, right? And he told me he wants to beat JP Morgan.”
Disclosure
Fuse Energy required to conduct multi-year bird surveys for UK plant
“One of the, so we're trying to build a power plant in the UK and, you know, one of the things council have a complete discretion over, you know, planning, especially around environmental impact. So we had to do, you know, wintering bird surveys, right, over se…”
Disclosure
Chang gave Fuse Energy's past execution speed a four out of ten rating
“I told the team last year execution was maybe four out of 10.”
Disclosure
Chang: Fuse gives top candidates aggressive offers so they never leave
“And for straight A candidates, we have made offers that are, you know, much higher than what they make today. And even if we know that, that's okay, because we want to make sure we're a no-brainer for you, such that you will never think about leaving.”
Disclosure
Chang sends Steve Jobs' janitor essay to leaders who miss goals
“Every single time when one of the leaders at Fuse explains to me why they failed and they couldn't hit their own goal, I sent them this article.”
Disclosure
Nikolay Storonsky invested in Fuse Energy's most recent funding round
“Yes. In the most recent round.”
Disclosure
Fuse Energy provides secondary market share liquidity for employee shareholders
“Well, I would say, like, we do want to create liquidity opportunities for employee stockholders, and, you know, sometimes people need to buy a house, they need to buy a car, they need to, and yeah, I think, yeah, some liquidity is helpful.”
Disclosure
Chang has only sold Revolut shares for basic personal consumption
“No. It's only solved for what I need to, only for personal consumption. I'm still very bullish on the company.”