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 3 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

Insight
Fein: Force decisions on fence-sitting LPs because they usually decline
“If they're perpetually on the fence, it's probably going to be a no anyway. And so I would rather just Force the answer.”
John Fein Oct 7, 2019 ▶ 13:18 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
Insight
Fein: Emerging VCs will not know their true performance for five years
“The feedback loops are very long. You're not going to know how you're doing for at least five years, and you're not going to have someone who's there on a regular basis saying what a great job you're doing”
John Fein Oct 7, 2019 ▶ 20:09 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
Insight
Fein: Dinner is the most valuable step in evaluating founder trust
“The dinner is the most important part to me because it kind of tends to let the guard down. The founder-investor dynamic tends to fade into the background, and you just get to know each other as people. To me, that's the most valuable part of the process, and …”
John Fein Oct 7, 2019 ▶ 29:16 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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