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 14 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
Facebook Will Launch a Crypto Coin and Become Bitcoin's Main Competitor
“Now, I will say also that on crypto, I think that there's a high probability that the company that will really succeed in crypto will be Facebook, and the reason is that for them to launch their own coin and for them to distribute that coin and allow developer…”
US Workforce Training Wrongly Discourages Workers From Taking Smart Risks
“We spend too much time in the United States training our people in the workforce to not take risks, not take smart risks, and really our people sort of shy away from risk.”
Spreadsheet-Focused VCs Will Miss the Next Category-Defining Company
“There are a lot of other venture capitalists that don't necessarily want to have a vision. They want to view every market opportunity and every business opportunity as something they can read from day one on a spreadsheet. And that's just a very, very differen…”
Angel Investing Is Not Distracting for Founders if Sourced Through Networks
“As long as it is from your network, and as long as it's a very minimal amount of time, it ends up being not that distracting at all, so I would disagree with that. I think that there are a lot of top-tier investors that encourage their founders to do this.”
Having a Strict Angel Portfolio Strategy Leads to Trend Chasing
“I frankly think that that leads to trend chasing, which is very, very challenging, and I think trend chasing and angel investing is tough.”
Bitcoin's Strong Network Effects Put It on Pace to Lead Crypto
“I am what most people call a Bitcoin maximalist, so I think that Bitcoin, because it has such strong network effects already, it's definitely on Pace to be the leader.”
Mark Zuckerberg Carved 'Fortune Favors the Bold' Into His Apartment Wall
“Mark actually carved into the wall in his apartment, fortune favors the bold”
Shirazi Passed on Early-Stage Investment Opportunities in Box and Waze
“I remember making a bad decision not to advise or invest in box or join box because I just thought that the business was so young and so early, and it was basically when it was just three people. And I also made a mistake on Waze, too. And, you know, I met the…”
SaaS Startups Like Zenefits and ClearSlide Are Restructuring After High Valuations
“I think we've seen a bunch of companies that are going through big challenges in the startup community today, even, is that they raised on large valuations, and they're in the process of restructuring their business, whether it's Zenefits and that entire space…”
Dropbox Priced Its 2018 IPO Below Its Final Private Round Valuation
“And as we saw today with Dropbox, the IPO priced Below the last round valuation.”
Investors Began Demanding Capital Efficiency From SaaS Companies in 2018
“And it's super important because now investors and the market are asking for capital efficiency with SAS businesses. 18 months ago, that didn't really matter. But if you look at things like Okta, you know, you look at companies like Nutanix, et cetera, these I…”
VCs Avoid Saying No to Founders to Keep Their Options Open
“Investors don't like to say no because they don't like closing the door on potentially good opportunities. So it's really hard to know whether you're in the no camp or the yes camp because you'll always kind of get a maybe unless you push for a no.”