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.

clear all ✕

why aren't all 7 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

Insight
Technical skill is the most important factor for startup founders
“Being technical is far and away the most important criterion that sort of drives success. Basically, you can't have too many technical people On a founding team.”
Jack Groetzinger Jun 1, 2018 ▶ 4:23 20VC: Why Every Startup Will Either Fail or Rebrand, How To Do OKRs The Right Way & How To Know The Reversible From the Irreversible Mistakes with Jack Groetzinger, Founder & CEO @ SeatGeek
Insight
Every consumer web startup will eventually either rebrand or fail
“I think if you're doing particularly a consumer web startup, you have to look at it. It's just a matter of when, not if, because every company rebrands at some point, unless you fail.”
Jack Groetzinger Jun 1, 2018 ▶ 23:19 20VC: Why Every Startup Will Either Fail or Rebrand, How To Do OKRs The Right Way & How To Know The Reversible From the Irreversible Mistakes with Jack Groetzinger, Founder & CEO @ SeatGeek
Insight
Board seats are immutable commitments requiring extensive founder diligence
“When you agree to take someone out of your board and raise a bunch of money from someone, just how long-term sort of immutable the commitment is. I think if a lot of founders realized that fully, they would do more work and more diligence and spend more, more …”
Jack Groetzinger Jun 1, 2018 ▶ 6:53 20VC: Why Every Startup Will Either Fail or Rebrand, How To Do OKRs The Right Way & How To Know The Reversible From the Irreversible Mistakes with Jack Groetzinger, Founder & CEO @ SeatGeek
Insight
Achieving 100% of OKRs indicates sandbagging and conservative goal-setting
“If you're doing it right, then on average, you're averaging about 70% accomplishment as a company. And if you're getting close to a hundred, it means that you're really sandbagging and that you're not setting aggressive enough goals.”
Jack Groetzinger Jun 1, 2018 ▶ 9:35 20VC: Why Every Startup Will Either Fail or Rebrand, How To Do OKRs The Right Way & How To Know The Reversible From the Irreversible Mistakes with Jack Groetzinger, Founder & CEO @ SeatGeek
Insight
Blogging and open-sourcing code act as force multipliers in recruiting
“I think people tend to be a little bit myopic and not invest in sort of employer brand building stuff that can actually be really impactful. So, you know, a few examples of that are blogging about the things that you're doing, open sourcing software, Both of t…”
Jack Groetzinger Jun 1, 2018 ▶ 11:40 20VC: Why Every Startup Will Either Fail or Rebrand, How To Do OKRs The Right Way & How To Know The Reversible From the Irreversible Mistakes with Jack Groetzinger, Founder & CEO @ SeatGeek
Insight
Startups face at most two or three major strategic decisions yearly
“Each company maybe has two to three sort of major strategic moments per year at most, but they're incredibly important to get right and can be company champion.”
Jack Groetzinger Jun 1, 2018 ▶ 16:01 20VC: Why Every Startup Will Either Fail or Rebrand, How To Do OKRs The Right Way & How To Know The Reversible From the Irreversible Mistakes with Jack Groetzinger, Founder & CEO @ SeatGeek
Insight
Ticket buyers wanted actionable recommendations over raw data
“Pretty early on, we realized, thanks to user feedback, that people didn't just want data. They actually wanted us to help them suggest what tickets to buy and sort of push them through that process.”
Jack Groetzinger Jun 1, 2018 ▶ 3:41 20VC: Why Every Startup Will Either Fail or Rebrand, How To Do OKRs The Right Way & How To Know The Reversible From the Irreversible Mistakes with Jack Groetzinger, Founder & CEO @ SeatGeek
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