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.

clear all ✕

why aren't all 5 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

Prediction Held up
Singerman predicts Founders Fund's $200M Anduril check will turn into $2B
“Enduro is going to be an extremely valuable company. I am, there's, yes, quite sure of that. We are not going to lose that two hundred million dollar check. That two hundred million dollars will turn into, you know, two billion.”
Brian Singerman Oct 31, 2022 ▶ 34:41 Brian Singerman: How I Became a Partner at Founders Fund, Why We Put $400M into Anduril | 20VC #943 · 20VC with Harry Stebbings
Prediction Not checkable as stated
Founders Fund refuses to pay peak 2021 valuations for top startups
“If even the best companies want You know, end of 2021, beginning of 2022 prices where other comps in their market have gone down by 80%, then we're just, we're also just not going to play that game. Like, we don't have any pressure to invest capital.”
Brian Singerman Oct 31, 2022 ▶ 6:07 Brian Singerman: How I Became a Partner at Founders Fund, Why We Put $400M into Anduril | 20VC #943 · 20VC with Harry Stebbings
Prediction Not checkable as stated
Founders Fund Has Never Had and Will Never Have Monday Partner Meetings
“Now, Founders Fund doesn't have any Monday morning partner meeting. We never have, and we never will.”
Brian Singerman Jun 5, 2017 ▶ 12:19 20VC: Founders Fund's Brian Singerman on Why VC Is About Upside Maximisation Not Downside Minimisation, Why There Is No Right Way To Do Venture and Why They Do Not Have Monday Morning Partner Meetings At Founders Fund
Prediction Not checkable as stated
Brian Singerman refuses to do low-level operational work for portfolio companies
“I don't know how to operate companies. I'm not going to seed your top of funnel. I'm not going to Do a bunch of like low level operations work for the company. But what I am pretty good at is, is strategy.”
Brian Singerman Nov 11, 2021 ▶ 4:26 20VC: The Anduril Memo: Founders Fund's Brian Singerman on What Makes Palmer Luckey One of the Greatest Innovators in History, Why It Is BS The DOD Do Not Want To Work With Silicon Valley & Why in Venture You Have To Play A Different Game to the Hedge Fun
Prediction Held up
High startup valuations will drive down VC return multiples
“The valuation inflation is extremely real, and you will make less multiples because of that.”
Brian Singerman Nov 11, 2021 ▶ 19:17 20VC: The Anduril Memo: Founders Fund's Brian Singerman on What Makes Palmer Luckey One of the Greatest Innovators in History, Why It Is BS The DOD Do Not Want To Work With Silicon Valley & Why in Venture You Have To Play A Different Game to the Hedge Fun
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