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 9 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
Paley: Conventional VC advice urging startups to go faster is dangerous
“Frankly, I think the advice is dangerous, and I'd go one step further, which is, it has become the conventional wisdom of the industry. Which is go faster.”
Paley: AI Startup Valuations Are in an 8 or 9 Out of 10 Bubble
“If you're describing bubble as the asset prices related to that general idea, I think we're in a very extreme bubble. I also want to throw out there, and I think this is very relevant to Oh, yeah, I mean, I think we're not quite at NFT level, but we're probabl…”
Paley: Blitzscaling is applied incorrectly in almost every startup context
“I think blitzscaling is this beautiful, beautiful idea of exactly what Mike said applied wrong in all, almost every context, right?”
Paley: VCs who block founders from selling their companies are nuts
“It's like when a founder wants to sell their company, you say, yes, you should probably sell your company. VCs standing in the way are, I think are nuts.”
Paley: Big VC firms are disengaged and barely care about portfolio companies
“I think the truth of the big firms is they barely care. ... I think it is completely, in most cases, quite disengaged capital.”
Paley: The SPAC craze was largely a waste of energy for unready companies
“I think the SPAC craze was just a waste of everyone's energy and a bad idea, and I'm not saying there weren't any good SPACs, but generally speaking, it was a path, generally, there were exceptions, but it was a path for companies that were not ready to be pub…”
Paley: Inflated IPO valuations cause long-term destruction to company culture
“I actually think the IPO inflation of those periods really has long-term detrimental effects. It's very hard to work for a company that went public at ten billion, that today is worth one and a half billion very hard that's right very hard destroying for the w…”