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
Claussen: In-house VC recruiting teams are less efficient than specialized agencies
“What, why in hell should they be more efficient than a dedicated firm, you know, with global reach, with longstanding experience, and a clear incentive scheme?”
Claussen: VCs build service platforms primarily as competitive pitch marketing
“But I think the reason why people are doing that is primarily is competitive reasons. Absolutely. You know, it certainly helps gives you a story to founders to say, listen, I have a little more than the other guys.”
Claussen: Ventech targets early growth in Germany and earlier stages in France
“Between the two markets, the two territories, the two countries we are mainly active in, France and Germany, we find due to competitive issues, you know, more competition being in France compared to Germany, which has to do with money supply, it's a long story…”
Claussen: Startups face no more than 5 to 10 key inflection points
“I believe that, and this really comes from personal experience, every startup's road to success is, is marked by not more than five to 10 crucial turning points and the related decisions.”
Claussen: Founder quarrels occur in one out of three portfolio companies
“So I think, you know, you see that in one of three portfolio companies play this professionally and create the trust that's necessary, necessary to do that.”
Claussen: First two months of deal negotiations reveal VC partner working style
“I think that period, at least, you know, maybe not the last two weeks, but the first two months or so can give you a very good indication to who you are dealing with, as long as you can be sure that this is the person who will be then following that engagement…”
Claussen: Ventech reserves a seed pocket for checks up to 250k
“We have one slot in our new fourth generation fund, which is a one hundred ten million fund, with one dedicated slot that is used for seat investment. So that's called the seat pocket. And we do, alongside business agents who we know and who we trust, we do al…”
Claussen: Speexx bootstrapped to double-digit SaaS revenues without equity funding
“And essentially among other things, one big thing was certainly the fact that this is one of these rare companies where founders bootstrapped the business, Without any additional equity financing to double-digit revenues in SaaS.”