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 14 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
Scale Passed on $100M Valuation For Startup With Sub-$1M Revenue
“We passed on a deal last week, very early stage company, they sell to businesses, they have less than a million dollars in revenue. They're going to raise a new series of investment at about a hundred million pre.”
Wienbar: Major VC return peaks are 100% correlated with platform shifts
“Yeah, so I think the whole you know, when you think about what has caused, you know, the bubbles, the big peaks in venture capital returns are a hundred percent correlated with shifts in platform technology.”
Wienbar: Scale Has Most Female Partners Among $200M+ US VC Funds
“Scale Venture Partners has three female partners, which is, I am sorry to say, the most in the U.S. Of any firm that has more than two hundred million dollars under management.”
Wienbar: Only 4.6% of Venture Capital General Partners Are Female
“Actually only 4.6% of general partners are female.”
Wienbar: Female CS Graduates Dropped From Over 30% to 18.8%
“In the mid-eighties, at the beginning of the computer science discipline more than 30% of the people who graduated with a computer science degree were female, and the current run rate is about 18.8%.”
Wienbar: Early-stage valuations are lower for startups outside Silicon Valley
“So in the earlier days of a startup outside of the valley, probably prices are a little bit lower for them, right? Because there's just, there aren't as many VCs in your local market, and there aren't as many VCs who are willing to fly to your local market.”
Wienbar: Startup valuations equalize across regions as companies scale
“But as the companies scale, the companies get valued on their potential market size and on their, you know, current traction and success. So I think it all become, you know, it all kind of becomes equalized as the company scales, but the, those early seed roun…”
Scale Venture Partners Portfolio Averages 182% Growth Year After Investment
“The companies that we're investing in for the past couple of years have on average achieved a 182% growth in the year after we've invested.”
Scale Venture Partners Requires a Board Seat in Every Portfolio Deal
“And in fact, that's part of our strategy is that we always have a board seat with our companies. We're very flexible on price terms, amount of dollars invested, but we always have a board seat.”
Wienbar: Founders Should Use Customized LinkedIn Messages for Cold VC Outreach
“I think the more thoughtful place to do a sort of a cold outreach is on LinkedIn. But please don't link it, you know, ask to link to me just with the canned, you know, I'd like to connect with you, but I think a lot of deal flow both on Twitter and LinkedIn wh…”
Wienbar: Existing Portfolio Support Always Trumps Evaluating New Deals
“So the, you know, money, the rule we have in here is money in the ground trumps new deal. So if you have a portfolio company issue, you know, you owe it to them. It's your fiduciary responsibility as a board member and to your existing investors that you've go…”
Wienbar Was Officer at $4B Bubble Company With $800K Revenue
“I was officer of a public company in Bubble with a four billion dollar market cap in 800,000 dollars in trailing revenue.”