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
Hoffman: Founders who exited 10 years ago lack modern tactical execution skills
“Almost everything in running a company has changed over the last seven years. So if you sold your company 10 years ago, you don't know anything about how customer success works, how new types of sales works, how product led growth works, how even like all the …”
Hoffman: Any time a CEO spends outside of work hurts the business
“I would say really any time a CEO is not spending on their company, it's bad for the business. But that's true. If you're dating, it's true. If you're being a spouse, if you're parenting kids, if you're working out, You're spending time with friends. If you're…”
Hoffman: LPs should prefer venture funds led by active CEOs
“It is actually, they're generally not happy when someone in the fund is like also a CEO, but they should be because that fund's going to end up doing so much better. You're going to get into better deals, et cetera.”
Auren Hoffman: Employee Retention Rates Do Not Reflect Company Performance
“Just because everyone's leaving, like in Facebook's case, where so many of the first 25 people left early doesn't mean that's a bad company. It turned out to be an amazing company. Just because everyone's staying doesn't mean it's a good company.”
Hoffman: Board Oversight Matters Little Compared to Securing 10x VC Winners
“I also don't, I don't know how much oversight matters in the, if it's really power law driven, like the bad ones are bad. And, you know, so yeah, maybe you could have got a one X and you get a .5 X or something out of this thing. If you, if you're really in it…”
Hoffman: VCs should focus their time on mid-tier portfolio companies
“The winners don't really need you. So spending time with them doesn't really change the outcome. The losers don't really need you either. Cause they're going to lose. So it's actually kind of the people in the middle that probably need you the most”