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
Abrams: Most venture capital funds deliver mediocre returns under 2x TVPI
“The reality is most funds have pretty mediocre performance between one and two TVPI. So most investors are not doing that great.”
Abrams: Friendster Went Through Six CEOs In Six Years
“And selling the company six years later, we went through six CEOs in six years. I was, you know, sort of routinely excluded from board decisions and the, our software was rewritten into worse software. The website barely worked for a couple of years and a lot …”
Abrams: Seed funding volume is going down, not up
“Well, first of all, I think seed funding is actually going down, not up.”
Abrams: Statistical analysis proves larger VC portfolio size correlates with solid returns
“The reality is there are people who've actually done the math. I've actually seen, you know, a bunch of people who've done the math and proven that a portfolio that has a certain size statistically can be correlated with decent returns.”