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 18 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
Altucher in 2015: Uber will become a trillion-dollar company
“They're ultimately a logistics company where on one side are people who want to do things for money, and on the other side are people who want to pay for services. So they're going to be an entire slice of kind of the world's, you know, GDP at some point. So, …”
Altucher: VC success stems from Sand Hill Road proximity, not skill
“I think, to be honest, I think being in Silicon Valley on Sand Hill Road exposes you to just every company out there, and you get to see what everybody's talking about, and you just invest in what everybody's talking about.”
Altucher: VCs do not need a vision of the future to succeed
“I don't think you need any vision of the future because, look, don't invest in kind of a social network for left-handed people.”
Altucher: The best venture capitalists do not spend time sourcing deals
“The best VCs I know, which are in some sense the ones I co-invest with, do not spend a lot of time looking at, looking for investments.”
Altucher: Execution is not superior to ideas, it is a subset
“Execution, people say ideas are nothing. Execution is everything. That's not true. Execution is just a subset of ideas.”
Altucher: Students forget college lectures within 48 hours without memory training
“48 hours after you leave a college lecture, you're gonna remember nothing from that college lecture, unless you've trained yourself In memory techniques, which I don't know anybody who's really, I know maybe three people who've trained themselves in really goo…”
Altucher in 2015: Tech is not a bubble; utility drives valuations
“A bubble is when the only reason something is higher today is because it was higher yesterday, right? It's pure, it's purely a price-driven phenomenon. Right now, we're buying these things because we think everybody in the world is going to use them. And becau…”
Altucher advises 18-year-old Harry Stebbings to skip college for real-world experience
“And I hope you don't go to college and instead do things that are really exciting and adventurous with your life.”
Altucher: Avoiding self-promotion and showing vulnerability led to greater business success
“I've had more opportunities in business than ever. Like, I've, like, I've done better in business than I ever have before by specifically avoiding business in, in a weird way.”
Altucher: Reading and writing in massive volume are the only requirements
“You know, in order to be a good writer, you have to do two things only. And by good writer, I don't necessarily mean like poetic or, you know, best selling or whatever. I just mean someone who can communicate a message and do it in a way that people notice. Yo…”
Altucher: Read fiction for prose craft and nonfiction for ideas
“High quality nonfiction won't always have the best writing because the writer of high quality nonfiction is usually very good at their ideas or what they're writing about, but high quality fiction will be very good writing, so I learned from both.”
Altucher: Failing to generate ideas for two weeks causes creative atrophy
“If you don't come up with ideas after, like, let's say two weeks, your idea muscle has atrophied.”
Altucher: Co-investing with top VCs outsources due diligence and follow-on funding
“So, so I always find venture capitalists Who are smarter than me, who have more successful track records than me, and if they're going into a deal where I know also they're gonna be in the next round, and the next round, I'm happy to invest alongside of them. …”
Altucher invested in Shyp's seed round without knowing what they built
“Honestly, when I put my money in there, I had no idea what they did.”
Altucher invested in Shyp at a $6 million seed valuation
“I put money in a six million dollar valuation. That was their seed round. They just raised money at a two hundred fifty million dollar valuation.”
Altucher never surfs the web or reads online sites, only books
“I don't read any online sites. I never surf the web or anything. And so I only read books.”