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 11 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
Lisa Wu: Founder track record does not correlate with consumer startup success
“There really hasn't been a correlation in the consumer space of You know, having to be a prior successful entrepreneur and the success of their current business.”
Lisa Wu: Lifestyle businesses require the same 24/7 effort as IPO-bound startups
“Time is all of our most valuable asset. And whether you create a company that is a profitable lifestyle business, or one that eventually goes public one day, it still takes the same amount of effort, which is 24 seven of your time.”
Lisa Wu: New York startup ecosystem remains behind Silicon Valley
“The New York startup ecosystem is just still behind Silicon Valley.”
Lisa Wu: New York will take decades to catch Silicon Valley
“It's gonna take several, you know, maybe even decades for it to catch up to Silicon Valley just because the West Coast has really been a breeding ground for innovative tech companies for a while now.”
Lisa Wu: West Coast VCs take bigger risk bets than East Coast
“I would say that people, the investors in the West Coast are probably more likely to swing for the fences and take those big visions versus on the East Coast. There might be a little more I guess, you know, wanting a business model and all that stuff.”
Lisa Wu: Working in VC raises the bar for launching a startup
“What happens in venture is the longer you stay in, it's almost harder for you to go start a business because your bar becomes super high because you understand all the challenges and how difficult it is to actually scale a business,”
Lisa Wu: Norwest rarely converts cold inbound pitches into actual investments
“We get a lot of inbound via LinkedIn and also through our website, and we do review each of those opportunities that come through those, but it's actually pretty rare that an opportunity that comes in through those channels actually converts into an actual inv…”
Lisa Wu: Maintaining principles 100% of the time is easier than 98%
“It's easier to hold to your principles a hundred percent of the time than it is to hold to them 98% of the time.”
Lisa Wu: Market size is the top reason Norwest rejects startups
“I would say, given our fund size, it would be market size.”