why aren't all 13 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
Prediction Held up
Wise: Europe's next $100B tech giants will focus on AI, fintech, fashion
“They're going to go and build the third wave, which is the 10, fifty, hundred billion dollar companies. And they're obviously not going to be competitive with the types of companies built in San Francisco in the same fields, not in sort of the information sear…”
Prediction Held up
Wise: Balderton will invest in narrow AI applications, not general AI platforms
“So once again, I don't think we're going to make investments in AI companies as a whole, right? I don't think that's the thing, but I think companies which have already thoughtfully found ways to apply what have been recently Some significant breakthroughs in …”
Assertion Not checkable as stated
Wise: Mobile gaming startups no longer require venture capital
“If you launch a mobile game today, there are rigorous data models, which basically mean you don't need venture capital anymore. You know that there'll be certain targets you need to hit, and some growth investor or someone else will buy you.”
Prediction Not checkable as stated
Wise: Small, hyper-specialized VC funds will prove flawed in the long run
“And that's why just saying, hey, you know, I'm going to set up the best three-man team to do, you know, something really specific in venture is, is I think going to be flawed in the long run.”
Assertion Supported
Wise: Europe produced over 30 billion-dollar tech exits in 10 years
“Europe, if you look at the tops of billion-dollar tech exits, or unicorns, or whatever you want to call them in the last 20 years, there's been, or 10 years, rather, there's been over 30 coming out of Europe, and there's many more in the pipe.”
Assertion Supported
Wise: Top Silicon Valley VC returns dwarf best European fund returns
“The best returns of European venture funds are dwarfed by the very, very top funds in the Valley.”
Assertion Partly supported
Wise: UK has world's second-highest per-capita e-commerce purchasing rate
“Britain has got the highest purchase rate of e-commerce products per capita of anywhere in the world apart from South Korea, well ahead of the US.”
Assertion Supported
Wise: London VC is more heavily weighted toward FinTech than San Francisco
“Certainly in London, we are probably slightly more heavily weighted towards FinTech, for example, than we might be if we have a San Francisco fund.”
Assertion Supported
Wise: European VC fund count fell from 700 to 400 post-2008 crash
“There was 700 funds in Europe in 2007. After the crash, there were about 400.”
Assertion Supported
Wise: Crowdcube raised £1 million in 16 minutes on its platform
“The fastest crowdfunding campaign, I think, was done on Crowdcube itself for Crowdcube. I think they did a million pounds in 16 minutes.”
Assertion Not publicly verifiable
JustPark saw a 3x increase in app downloads during Crowdcube campaign
“Just Park, who did their crowdfunding campaign recently on Crowdcube, they actually saw a three X increase in the number of downloads of the Just Park app.”
Assertion Supported
Balderton Capital limits check sizes between $1 million and $100 million
“We don't do a hundred million dollar tickets, and we don't really do less than a million dollar tickets.”
Assertion Not publicly verifiable
Wise: Balderton holds companies for an average of 7.1 years before exit
“You know, we normally know the companies we invest in for, I think it's just about two years before we invest, and we On average, hold our companies for 7.1 years before exit.”