why aren't all 10 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
Disclosure
Scott required Gleepost founders to drop out of university for funding
“If you look at Glee post, you know, I told the founders I would only invest if they quit university.”
Disclosure
Scott killed offshore development teams to increase startup speed
“We've also, internally, we had a big team in the Ukraine and Poland, and we've almost killed most of our external dev, mainly because the speed of development.”
Assertion Supported
CashKaro is India's largest cashback site despite non-technical founders
“So, Kashkaroo is now the biggest cashback site in India, and I would, Swati and Rohan can't write any code.”
Opinion
VCs should not run operations because they are financiers, not operators
“I prefer that they didn't be involved in how the operations of a company run is because most of them are financiers and not operators.”
Insight
Scott seeks obsessive founders who have a chip on their shoulder
“I look for people who are obsessive, and they have, I suppose, a chip on their shoulder, actually. They have a reason to prove.”
Disclosure
Scott avoids startups raising £1M at £5M-£10M valuations
“I get approached a lot of times by people who want to raise it, you know, maybe you want to raise a million pound at a five, ten million valuation, and we don't sit anywhere in that space.”
Assertion Supported
Scott, Tim Jackson, and Gil Dibner lead Europe's top AngelList syndicates
“Yes, I think between, well, Myself, Tim Jackson, I would say Gil Dibner are probably the three.”
Insight
Startup capital is never truly committed until cash arrives
“Every one of the startups I've invested in, I said, you have to control the deal. You think the money's committed, but it's not. When it's, when they've given you the used notes and it's in your hand, it's the only time count on it being there.”
Assertion Not checkable as stated
Scott's firm launched 40 internal products in one year
“We launched 40 businesses last year, internally. 40 products. And we probably have, we have two that are very, very interesting.”
Assertion Supported
UK SEIS first-year investment exceeded £82 million
“I know the first year, it was over eighty-two million just in SCIS investments.”