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 4 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
VC investing is about tracking lines over time, not single dots
“Normally it's investing in lines, not dots.”
Moffat: Great VCs challenge assumptions rather than relying on pattern recognition
“In terms of finding interesting deals, I think the ability to keep challenging your assumptions. I think it's easy to get a VC to talk about pattern recognition and you have a bunch of sort of simple shortcuts in your brain on what a good entrepreneur should l…”
Junior VCs must start as hunters before trading or farming deals
“So I think when you start in VC, you have to be a hunter because you've got nothing to trade with. Farming hasn't had any results yet. And so, yeah, I think you always start off as a hunter and you're kind of chasing what you think are interesting new sectors.”