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 4 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
Clark: The Sequoia Fund structure was right despite bad market timing
“And I think it's interesting that the criticism that Sakaya had for the Sakaya Fund It's absolutely the right idea. It just happened that they implemented it at a time in the market where you saw a significant correction once it was put in place.”
David Clark: Direct co-investments can selectively capture top 1% venture returns
“I'm not all the way there yet to say that, that actually it's a good thing, but I do think there are situations in which there are different ways to optimize for those top one percent companies. One is to do it through the best primary managers. One is to do i…”
Clark: Foundry Group Handled Succession Well by Deciding to Wind Down
“Foundry Group have done a really good job. Because they've understood that, actually, we're not going to try and do that. There's a group of people here that want to work together, and when we're done. And that, I really respect that. That, that they haven't t…”
Clark: Accel Has Successfully Managed Generational Leadership Transitions
“I look at someone like Excel who, you know, is probably on the third or fourth generation now of leaders within that firm. I think they'd probably admit that, that, you know, they didn't get everything perfect, but I think they've handled most of those transit…”