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

Prediction Not checkable as stated
Fein: Pre-seed funding will never be eradicated for non-traditional founders
“I don't think so. I think there's always going to be a place for pre-seed, especially for those founders, maybe first-time founders, maybe founders that are not found in the typical places. I think there is always going to be a place for very early stage round…”
John Fein Oct 7, 2019 ▶ 22:45 20VC: The Ultimate Episode For Emerging Managers: How To Determine How Big A Fund To Raise, What Is The Right Closing Strategy With LPs & Why We Will Not See The Eradication of Pre-Seed with John Fein, Founder & Managing Partner @ Firebrand Ventures
Prediction Not checkable as stated
Fein: EQ will separate top VC firms over the next decade
“Totally agree. You know, I think there's a lot to be said for not pretending that you have it all figured out where as an investor, you know your strengths, you know your weaknesses, you know how to say, I don't know, but we're going to get you the answer.”
John Fein Oct 7, 2019 ▶ 31:09 20VC: The Ultimate Episode For Emerging Managers: How To Determine How Big A Fund To Raise, What Is The Right Closing Strategy With LPs & Why We Will Not See The Eradication of Pre-Seed with John Fein, Founder & Managing Partner @ Firebrand Ventures
Prediction Held up
Fein: The tech boom and inflated startup valuations will inevitably drop
“That trend is not going to last forever. This boom economy is not going to last forever. Everything's cyclical. I've worked through two recessions so far, and you know, it's going to come back down.”
John Fein Oct 7, 2019 ▶ 24:45 20VC: The Ultimate Episode For Emerging Managers: How To Determine How Big A Fund To Raise, What Is The Right Closing Strategy With LPs & Why We Will Not See The Eradication of Pre-Seed with John Fein, Founder & Managing Partner @ Firebrand Ventures
Assertion Not checkable as stated
Fein: Firebrand assumes peak ownership is achieved on the first check
“We assume that we won't be able to. So we assume that the ownership we get with our first check is going to be it, and that the best we're going to be able to do after that is to maintain that ownership over time.”
John Fein Oct 7, 2019 ▶ 27:01 20VC: The Ultimate Episode For Emerging Managers: How To Determine How Big A Fund To Raise, What Is The Right Closing Strategy With LPs & Why We Will Not See The Eradication of Pre-Seed with John Fein, Founder & Managing Partner @ Firebrand Ventures
Prediction Held up
Fein: Adding female VCs will increase capital flow to female founders
“And when we get more women on investment teams, more venture capital dollars will flow into female founders.”
John Fein Oct 7, 2019 ▶ 34:07 20VC: The Ultimate Episode For Emerging Managers: How To Determine How Big A Fund To Raise, What Is The Right Closing Strategy With LPs & Why We Will Not See The Eradication of Pre-Seed with John Fein, Founder & Managing Partner @ Firebrand Ventures
Assertion Supported
Fein: Firebrand Ventures closed its debut venture fund in eight weeks
“And we went to a first close in about eight weeks.”
John Fein Oct 7, 2019 ▶ 10:02 20VC: The Ultimate Episode For Emerging Managers: How To Determine How Big A Fund To Raise, What Is The Right Closing Strategy With LPs & Why We Will Not See The Eradication of Pre-Seed with John Fein, Founder & Managing Partner @ Firebrand Ventures
Assertion Supported
Fein: The average debut venture capital fund takes 17 months to raise
“I think I'd read something in 2016 that the average amount of time it takes to raise a first fund is 17 months.”
John Fein Oct 7, 2019 ▶ 14:12 20VC: The Ultimate Episode For Emerging Managers: How To Determine How Big A Fund To Raise, What Is The Right Closing Strategy With LPs & Why We Will Not See The Eradication of Pre-Seed with John Fein, Founder & Managing Partner @ Firebrand Ventures
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