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 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
Currier: Speed, quality, and hiring drive giant tech outcomes, not timing
“And that formula of speed, quality, and then hiring in a superior way, that's what makes your giant sort of outcomes in these tech spaces. And I, and first mover isn't typically correlated with that.”
Currier: Founders should use a number in every pitch sentence
“What I say to all the founders is when you're pitching the deal, especially for investors, you want to use a number in every sentence you speak. If you say a sentence without using a number, then you have wasted that sentence.”
Currier: Future digital growth will mostly come from paid acquisition
“So what's happening is we're moving into a world where much of the growth, at least digitally, is going to be coming from paid, and so we are becoming necessarily more fans of paid and just doing it right.”
Currier: Consumer viral growth is harder because psychological needs are satisfied
“What I say is the psychological and emotional needs of the consumer are largely being met, and it's more difficult Of those emotional and psychological needs that you could tap into to generate that viral storm, to build a new network, to build a new identity …”
Currier: Education should teach future prediction and leadership over history and sports
“We need to be teaching kids to ask the right questions. We need to be teaching kids to predict the future, not study history. We need to teach people to communicate and to lead, not to play soccer.”
Currier's four venture-backed startups never lost any investor money
“And so that's why we haven't really failed yet. And we haven't ever lost anyone, any money, When we've been entrepreneurs and building companies.”
Currier: Google was 8th to market and Facebook was 156th
“You know, then you look at your next great success, Google, they were the eighth to market. You look at Facebook, they were the 156th to market with the same five features.”
Currier: Yahoo grew massive primarily due to its brand name over technology
“An example would be, I mean, certainly in naming, you watch a company like Yahoo you know, 20 years ago, they had such an incredible name that was different from every other company's name, and so the press wanted to talk about them all the time. The consumers…”
Currier: Founders should design product language before building product features
“We believe that often you need to identify a problem Figure out the language that addresses that problem, and then from that language, build a product that fulfills on the language.”
Currier: Network effects drove 60% of tech value created since 1994
“We did a large study of companies that were, have been formed since 1994, 337 companies worth over a billion. And if you look at the market caps, the combined market caps of all these companies and identify, you know, which of them had network effects at their…”
Currier: Trulia achieved a $3.5B acquisition with zero marketing spend
“Pete Flint, my partner, he grew Trulia to a, you know, three and a half billion dollar acquisition with zero marketing spend.”
Currier: Founders should pivot or shut down when out of excited experiments
“For me, it comes down to, do you have a list of experiments you still want to do and you're excited about. So you've had a vision, you've had an interest in a particular market space, and you've gotten fired up about it, you've started a company, you've tried …”
Currier: Changing CTA from 'store' to 'share' grew users to 47M
“We had an experience years ago where, you know, we were storing photos on a website, and we said, store your photos here, and it didn't really grow very much, so we just switched it to say, share your photos, and that switch of Change the product flow and chan…”
Currier: A founder's primary job is telling stories
“Yeah, you know, I feel like the CEO and the founders are, that's their main job, is to tell stories.”
Currier: Founders fail by pitching features instead of impact or money
“They most get it wrong because they talk about the solutions. As opposed to the impact on the people, or the amount of money that can be made.”
Currier: Peer KPI transparency drives higher founder growth targets
“So by cross populating information between companies so that it's real, it's not just James telling you should have a higher benchmark. It's you seeing others have achieved that higher benchmark and they are just like you. That really helps to let people calib…”
Currier predicts software will triple or quadruple the RV rental market
“And we think that not only, this is one of those sectors that while it's only a few billion dollars today, you have a huge demand overhang, and it's going to transform the industry that they're in, and triple it, and quadruple the size of it, but with the pres…”