why aren't all 8 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
Insight
Nick Bortot: Most retail traders trade for fun rather than profit
“In, in online brokerage was that loads of people don't trade to make money. Money for a lot of retail traders is only secondary. Most of them trade because they just like it. It's fun. It's exciting. It's people, people like to learn about what's happening on …”
Insight
Nick Bortot: Startup founding teams should have at least 3-4 people
“I think a team should consist of at least three or four people. Make sure that all necessary skills are there in the team.”
Insight
Nick Bortot: When a startup becomes hot, investors lose their minds
“When you get hot, it's like investors are losing their minds a little bit. It's like you're the most beautiful girl on the dance floor and everyone wants to dance with you.”
Insight
Nick Bortot: Founders should raise extra capital when hot, avoiding idle cash
“I think you should try to raise more. Definitely. Not raise too much because it doesn't make sense to have money, money sitting sleeping on, on, on, on your bank account.”
Insight
Nick Bortot: Pitch a targeted short list of investors, not 20-40
“I wouldn't talk to so many investors. I would look, make a list first look what investors really can add value to your company. Also look for investors that that, that, that, that give you a good feeling personally, so it's not only about ratio, it's also it's…”
Insight
Nick Bortot: Regulated fintech startups should partner instead of building in-house
“So my advice would be don't do everything yourself, but try to find partners and do the focus at the thing you're good at.”
Prediction Not checkable as stated
Nick Bortot: Gamification is a superior framework for educating users
“I'm convinced that it's here to stay because it's a much better way of gradually teaching people how something works. Look at the financial markets, which are pretty complex, but by taking people by the hand and by gradually teaching them the different steps, …”
Assertion Supported
Bux charges 25 cents per trade versus traditional brokers' 5-10 euros
“If you look at a regular online broker as a customer, you pay between five and 10 pounds or euros, whereas we start with 25 cents for a trade.”