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 13 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
Goldberg: Founder-led late-stage financing rounds like Front's Series C are aberrations
“At the same time, I think that's a bit of an aberration and many companies will decide to continue working with institutional leads where they get just a little bit more than you could handle from a single individual.”
Goldberg: Product-driven neobanks will win while performance-marketing reliant ones fail
“Oh, there's going to be a massive consolidation in this industry. So my belief is that this will be a tale of haves and have-nots, which the haves are the companies that use Product driven growth to get to massive scale and continue to find ways of just growin…”
Goldberg: Chemistry mandates in-office work five days a week
“In office every day is a really important tenant of how we think about building. You know, we're a new team. We're a startup, right? Like we need to be shoulder to shoulder.”
Goldberg: 2020-2021 VC vintages will be challenged but exceed 1x
“What I would say is I don't think those funds will do very well. I mean, the vintage is going to be very, very challenged. Will it be a one X? I don't know. I think it'll be better than a one X. Maybe. You know, but it's, they're gonna be tough funds.”
Goldberg: Branding as '.ai' no longer commands previous valuation premiums
“Just calling yourself a dot AI company is no longer tacking the same premium onto your business as it would have a year and a half ago.”
Goldberg: Fintech is not in a bubble and will see explosive growth
“I think fintech is booming. I don't think we're in a bubble. I think we're on the precipice of an explosion in activity in the space, and I'm all in.”
Goldberg: Typical Series A round sizes grew from $15M to $40M
“You know, I think I'm seeing deals in the market that are 30 to forty million dollars Series A's, and I think one thing you have seen or I've observed in the industry Is that A's that would have been fifteen million, you know, five years ago could be 30 to for…”
Goldberg: Capital markets will innovate new secondary liquidity products
“First off, I think products will evolve to create liquidity for those late stage private companies that give liquidity options to early stage investors. So I think the market will evolve. So just because companies are staying private longer, doesn't mean I thi…”
Goldberg: Venture capital funds rarely close in less than 15 years
“Even when I started fundraising, I thought the duration of a fund was 10 years, and I was surprised to learn that many of the LPs said, we rarely see closed funds before 15 years.”
Goldberg: Revolut is the closest candidate to a $100B neobank
“Actually, the last time I was on your show, I think I predicted a hundred billion dollar in Neobank coming out of, you know, somewhere. And I think we're a lot closer. I think Revolut's the closest we're gonna see to that.”
Goldberg: 48-hour shotgun financing rounds are a new venture market reality
“I think that helps mitigate what is a new facet of the venture market, which is these shotgun processes where a founder tells you about a round that closes, you know, 48 hours after the first news of it.”