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 8 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
Mindset predicts founder success better than technical skill or intelligence
“Actually the biggest indicator of all much more important than intelligence or even technical ability is mindset and how they approach building a startup.”
Startup equity splits should be forward-looking, not backward-looking
“One of the important things to remember about equity is that it should be forward-looking, not backward-looking. So just because you started the company two months earlier or six months earlier or that it was your idea in five, 10 years' time will mean very li…”
Early founders should ignore company setup and focus purely on product
“Stop building a startup and just build a product. So instead of worrying about all of the paraphernalia that comes with building a startup, just focus on the product that you want to build and the customers that might want that product. So what that means is, …”
Founders waste months trying to craft perfect startup ideas
“They assume that unless they have the perfect idea, there's no point in even getting started. And they spend months, if not years, trying to craft the perfect idea, which just doesn't exist.”
Non-technical founders err by ignoring their existing domain expertise
“I suppose one of our frustrations with non-technical founders is that often we find people who have years of expertise in a particular industry, but they're not interested in using that to build a startup, and I think that can be an error.”
Gathering product feedback from well-wishing friends and family is dangerous
“Getting a ton of random views from your friends, from your family, from well-wishers who don't actually who won't eventually be users of the product, but they just want to be kind and give you feedback. Friendship friends being kind and families being kind and…”