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 9 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
Lorang: CEOs must spend 10% of their salary on personal growth
“If you're not spending 10% of your salary every year in your company on your own personal growth and development, like you're literally suboptimizing the company.”
Lorang: Early-stage deals relying on marginal IRR differences are bad investments
“If the IRR is 12% or 14%, and it's that close, like, it's probably not a good deal. It's got to be, like, no-brainer stuff that is just like, oh, if it works. If it doesn't, it's a zero.”
Lorang: Companies should capture over 50% of the value they create
“I don't know if I agree with that. I think that it should be over 50% if you had to put me, pay me to a number. I think you'd always leave things on the table, but that's But that's, that goes to the relationship dynamics.”
Lorang: Focus and simplification can cut work hours from 70 to 35
“People realize that you don't actually have to work 70 hours. You can actually knock it out in 35 hours, maybe, and if Just actually focus and simplify and declutter.”
Lorang: Executive control is a myth; leaders control basically nothing
“Control is a word that we should probably eliminate. It's a falsehood that we control. We control basically nothing, and I've given up a lot of control in my company in terms of my management style is very, very hands-off, or I like to think so.”
Lorang: Coaching other founders reveals hidden flaws in your own company
“The act of, like, coaching somebody else to a problem sometimes reveals things inside your own company that are screwed up, and we all have things that are screwed up.”
Lorang: Scaling a startup shifts the CEO's job to capital allocation
“As a CEO, as your company grows and scales, your job becomes more about capital allocation and where you're placing your bets, right?”
Lorang: CEOs should only schedule 50% of their work calendars
“So my rule of thumb is only schedule 50% of your calendar. Don't schedule 40 hours a week of meetings.”
Lorang: Sales reps leave money on table chasing quarterly commissions
“So, you know, and a lot of times sales reps do this where there, there's clearly a bigger opportunity, but they're optimizing for their commission this quarter and they're actually leaving a Big pile of money on the table because they're optimizing for their c…”