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
Zaveri: Most startup financings do not involve multiple competitive term sheets
“You know, not in reality is not most financings, the most financings are probably not, you know, sort of like 10, 50, 10 plus, like, you know, eight to 10 term sheets in, in motion. Most financings take time, you know, you want to get to know each other. There…”
Zaveri: Institutional seed investors target 7% to 15% startup equity
“There's a number of institutional seed investors and, you know, they're sort of positioned to want to take anywhere from like, I don't know, seven to 15%, right? With probably 15 being kind of the ceiling.”
Zaveri: Seed party rounds with dozens of investors have declined since 2013
“Anecdotally speaking, you're seeing less of these rounds from like, 2012, 2013, where there's like, 12, 13 people on a cap table, and you've thrown the financing together, and you might have two to three million bucks on a note where, and I mean, it could stil…”
Zaveri: Chinese-style native in-app commerce will expand to Western markets
“You're seeing, so, for instance, like there's news reading apps there, like Tatiao, which integrate sort of commerce-like functionality in the news app, and you can actually conduct commerce there natively, and I think you were going to see this theme sort of,…”