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 8 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
Founder Collective avoids pro rata rights due to founder misalignment
“We don't do a lot of Parada for a bunch of reasons, including we don't think In most cases, in many cases, Parada's aligned to the founder, because the problem with Parada is you're always a net buyer of the founder's company, and they're always a net seller.”
Paley: Trade Desk Founder Limited Fundraising to Preserve Acquisition Optionality
“And I'll tell you another story, you know, with Trade Desk, one of the reasons we didn't raise a lot of money was, we were the last ones in, and people just thought it was played already in the programmatic advertising market. But one of the reasons we didn't …”
Paley: Almost all top Founder Collective companies had previously unsuccessful founders
“Almost every one of our best companies, almost every single one, the founder founded something before that wasn't a success or a big success.”
Paley: Founder Collective owned 12.5% of The Trade Desk at IPO
“We owned, I think, 12 and a half percent of the company at the IPO.”
Founder Collective's small Uber seed check would move the dial for anyone
“Yeah, so, ok, so we are, you know, as investors in Uber, and we didn't write a very big check, I think that current value alone of that small check would be very attractive to any venture fund of any size, even though our check that we started with was small, …”
Founder Collective has three unicorns in its first fund
“We have three, what people like to call unicorns in our first fund right now, and that's great.”
Founder Collective's first fund has fully returned invested capital to LPs
“We've, you know, given back all the money our investors have given us, and then some in our first fund”
Founder Collective writes $200K to $2M seed checks depending on lead status
“We write checks at the seed stage between sorry, between 200,000 dollars and two million dollars. So it depends if we're leading or participating. We don't have a Is there an opportunity to lead, and who's the most qualified fund for this particular opportunit…”