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 5 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
Friedman: Investing Randomly at YC Demo Day Yields Positive Returns
“We have enough data now from Y Combinator over, over the last 11 years to know that if you simply invested randomly in Demo Day companies, You would actually make money over time.”
Friedman: 98% of YC Startups Are Still Fundraising at Demo Day
“Today, a hundred companies will present at demo day, and probably only two or three of them will be done fundraising before. So, 98% of them are still fundraising at demo day and are open to investment for many qualified investors.”
Friedman: Startups Raising Before Demo Day Perform No Better on Average
“In fact, the two or three companies that might have... Finish fundraising before demo day are no better on average than the other companies. It's really quite random which ones choose to fundraise earlier.”