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 9 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
Regulated startups must move fast without breaking things to avoid regulatory ruin
“The motto we mentioned here is sort of a play on, on the Facebook motto of move fast and break things. Our motto is move fast without breaking things because, you know, you can't afford to break things when you're regulated.”
Marketplace startups must solve supply before demand to ensure good user experiences
“You know, I think supply is the area to focus on first, because if you don't have a product for the demand side, that experience Your experience is going to be pretty bad, and your earliest buyers are probably going to be your biggest proponents, and then the …”
Any startup employee can grow with the company as it scales
“I think as a CEO of realty shares, the kind of position I always take is any employee can grow with the company and it's their sort of job to lose.”
Founders should hire fast to avoid missing out on strong candidates
“There's a saying that says hire slow and fire fast. You know, I think there's components of that that are true, but really I think there's a lot of times where you should hire fast and not, not hire slow. And I think you know, I think ultimately when you have,…”
Series B rounds are difficult because venture capitalists pay premium valuations
“The Series B round naturally is a hard round, right, because, you know, VCs are not investing early where they're getting a great price. They're, you know, typically getting, paying up In a B and that company may or may not have hit an inflection point where t…”
Founders should begin fundraising well before reaching six months of runway
“Try to get in front of the fundraise. Don't raise when you are on, you know, on a six months of runway, try to raise earlier. Because ultimately you want enough flexibility where if you're not getting the right price for the round, you can go, you can afford t…”
High valuations during market booms create significant risks for follow-on fundraising rounds
“A lot of companies didn't raise that really high series A valuations or series B valuations because the market was very irrational. And now are having a hard time, you know, raising that next round, you know, because they weren't able to hit the growth metrics…”
Founders should optimize for investor alignment over slight valuation premiums
“Don't optimize for valuation, optimize for the company and the company that's investing in you and then the board member that's joining your company. And if there's a strong fit there, because ultimately there's not a big difference between what VCs and invest…”