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
Ries: Companies without a dedicated entrepreneurship function are in trouble
“Most companies don't have entrepreneurship as a function, and they're in trouble.”
Ries: Facebook bought a VPN app to track competitor usage
“Facebook recently famously was revealed that they bought a VPN company so that they could watch The traffic to emerging apps and figure out who to copy.”
Eric Ries: Most corporate organizations lack processes to be true meritocracies
“We say that we're a meritocracy. We say that good ideas can come from anywhere, but we don't mean it. We don't mean that good ideas can come from anywhere because we don't have a process for capturing them and for testing them rigorously. We just hope that the…”
Ries: Entrepreneurship is chaotic individually but manageable as a portfolio
“My view is that entrepreneurship itself is very chaotic and unpredictable and confusing, but entrepreneurship as a portfolio activity, you know, like what VCs do is totally manageable.”
Ries: Most companies use Alfred Sloan's 1920s GM matrix blueprint
“Most organizations today are built to a blueprint that was perfected really in the 19 twenties by Alfred Sloan when he was the CEO of General Motors.”
Eric Ries: Career equity outweighs financial equity in companies over 100 employees
“Once you get past 50 or a hundred employees, the fractional ownership that people have, certainly once you get to a thousand employees, the fractional ownership people have is going to be dwarfed by their future career prospects.”
Eric Ries: True corporate innovation requires updating promotion and compensation policies
“Companies say they're serious about innovation, but if they have not changed the promotion and compensation policies to match, then they're not serious about it.”