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 11 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
Helgason: Founders should always build a cash war chest when capital is available
“I absolutely agree with that. You know, when the money's there and it's available take it. You know, things take to, tend to take longer than anticipated, and the reality is that when you have a cash buffer, your options are extended. You have the advantage of…”
Dawn Capital expects £100k MRR and 2x ARR growth for Series A
“Ours would be for a SaaS business, for example we want to see a business that's, you know, doubling annual recurring revenue run rate year on year, at least approaching fast approaching, you know, a hundred thousand pounds a month in revenue or kind of about t…”
Helgason: Unprofitable founders must prepare for next round from day one
“And what I really mean is that if you're going to run out of money, it's never too early to begin preparing for the next round. You really have to have a plan from the beginning as to how you're going to get that next bunch of funding in the bank.”
Dawn Capital responds to every inbound founder pitch
“At Dawn, we also respond to all Inbound direct approaches, but they're just not, they're not as powerful as getting an introduction from a trusted party.”
Ari Helgason prefers Twitter outreach over cold emails from founders
“Via Twitter. I'm quite active on there, and it's usually a better way to catch my attention than sending an email.”
Helgason: London is Europe's top city for hiring FinTech talent
“If you're trying to hire teams that have, you know, that financial services experience, then London's by far the best place in Europe and one of the best places in the world to do that.”
Helgason: Predictable Revenue should be mandatory reading for software CEOs
“It's based on the model that Salesforce used to get from zero to a hundred million dollars in annual recurring revenue, and I really think it should be mandatory reading for every Software, CEO, or salesperson.”
Helgason: Working in venture capital is less stressful than being a founder
“It's less stressful than being in the trenches as a founder. But it quite appeals to me in that you can kind of take a step back and think more strategically and be more analytical Rather than having to be in kind of animal mode every day.”
Warm introductions almost always result in a pitch meeting at Dawn Capital
“We listen to portfolio CEOs or our venture partners really anyone, anyone I trust, I'll take an intro from, and that's pretty much always going to lead to at least the call or a quick meeting.”