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 6 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 1 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
Eric Paley: Overvalued unicorns face one of three realistic fates
“One of three things are going to happen to those companies, right? They're either going to take the extraordinary amount of cash they got, cut their burn rates down and figure out how to build real companies. And by the way, many of those will still never rais…”
Paley: TVPI vs DPI disconnect will be among largest in VC history
“I would bet the last few years will be one of the biggest disconnects between TVPI and DPI for venture funds in venture history.”
Paley predicts many of 2016's unicorns will never justify $1B valuations
“There's over 200 Companies that are considered these unicorns, many of them will probably never live up to their billion dollar valuations, but they've redefined for venture capitalists what their expectations are.”
Paley: The most valuable company founded in 2023 could be direct-to-consumer
“The most valuable company born in 2023 could very well be in direct to consumer Commerce, because that's not where anyone wants to play right now.”