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 3 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
David Sacks: Hot SaaS Startup Valuations Dropped From 20x to 10x ARR
“During the frothy times, you would see a sort of hot SaaS startup, the deal being priced at something like 20 times forward ARR, and now deals have returned to a slightly more normal 10 times ARR, which was the rule of thumb up to the last couple of years.”
David Sacks Predicts Venture Capital Investment Pace Will Slow Post-COVID
“We're still very much open for business, and I think a lot of other VCs are too, but I do think that the pace of investing will slow down.”
David Sacks: Startups Need Two Years Runway Because Recessions Last 18 Months
“Well, I do think at least two years is a good starting point for thinking about it, because we're in a highly disrupted period right now. We could see tremendous economic disruption for two or three quarters, and just the average recession takes about 18 month…”