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.

clear all ✕

why aren't all 15 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
Firing Underperformers Guarantees Company Improvement, While Hiring Only Offers a Chance
“When we hire somebody, there's a chance that your company gets better if it's a great hire. When you let somebody go, it is guaranteed your company will get better because at the minimum, you're not stressing about that person anymore.”
Steve Huffman Oct 25, 2019 ▶ 17:48 20VC: Reddit CEO Steve Huffman on Scaling Teams; What Works and What Does Not, A CEO's Relationship with Stress and Managing It & How To Structure Internal Decision-Making Effectively
Insight
Consumer Travelers Only Care About Price, Not UI Speed or Design
“Consumer travelers only travel once or twice a year, and so they don't care about booking fast and having a nice UI. They only care about price.”
Steve Huffman Oct 25, 2019 ▶ 9:32 20VC: Reddit CEO Steve Huffman on Scaling Teams; What Works and What Does Not, A CEO's Relationship with Stress and Managing It & How To Structure Internal Decision-Making Effectively
Insight
Relying Exclusively on Quantitative Data Leads to Local Maxima
“Going only in data is a great way to optimize to a local maximum. It's a great way to not see around a corner. I think this is true of investing as well. It's a great way to ignore the future. It's a great way to ignore what's actually happening.”
Steve Huffman Oct 25, 2019 ▶ 12:15 20VC: Reddit CEO Steve Huffman on Scaling Teams; What Works and What Does Not, A CEO's Relationship with Stress and Managing It & How To Structure Internal Decision-Making Effectively
Insight
Consensus-Based Decision-Making Is Just a Way to Avoid Making Decisions
“I don't believe in decision through consensus at all. I think that's a great way to actually not make decisions.”
Steve Huffman Oct 25, 2019 ▶ 14:20 20VC: Reddit CEO Steve Huffman on Scaling Teams; What Works and What Does Not, A CEO's Relationship with Stress and Managing It & How To Structure Internal Decision-Making Effectively
Assertion Not checkable as stated
Steve Huffman Recognizes His Top One Percent Hires Within Twenty Minutes
“The best hires I've made, like the top one percent, My very favorite people I knew in about the first 20 minutes of our conversation.”
Steve Huffman Oct 25, 2019 ▶ 23:04 20VC: Reddit CEO Steve Huffman on Scaling Teams; What Works and What Does Not, A CEO's Relationship with Stress and Managing It & How To Structure Internal Decision-Making Effectively
Insight
Job Candidates Who Are Hard to Hire Will Be Hard to Manage
“There's a phrase that people in my orbit when they're hiring, which is hard to hire, hard to manage. If somebody is a pain in the ass in the interview process, they're not on time, or it's difficult to schedule, or all of your conversations are about title and…”
Steve Huffman Oct 25, 2019 ▶ 23:38 20VC: Reddit CEO Steve Huffman on Scaling Teams; What Works and What Does Not, A CEO's Relationship with Stress and Managing It & How To Structure Internal Decision-Making Effectively
Prediction Not checkable as stated
Self-Driving Cars Will Not Be Useful or Adopted in Dense Cities
“And I think by the time that these companies figure it out and make it safe and reliable and this and that, that there'll be other options that just work better. For example, electric bikes and scooters are really, really great. Public transit works really wel…”
Steve Huffman Oct 25, 2019 ▶ 25:11 20VC: Reddit CEO Steve Huffman on Scaling Teams; What Works and What Does Not, A CEO's Relationship with Stress and Managing It & How To Structure Internal Decision-Making Effectively
Prediction Didn’t hold up
Steve Huffman Aims to Scale Reddit to Billions of Users by 2024
“And so what I'm truly excited to do, and hopeful that we can succeed at, is over the next five years, providing that not just for the millions of who use Reddit every day, but for, in the future, billions of people, if not everybody.”
Steve Huffman Oct 25, 2019 ▶ 29:34 20VC: Reddit CEO Steve Huffman on Scaling Teams; What Works and What Does Not, A CEO's Relationship with Stress and Managing It & How To Structure Internal Decision-Making Effectively
What-if
Reddit Needed Alexis Ohanian's Charisma to Get Into Y Combinator
“You know, Alexis then and now has always been a very, like, high charisma person, an easy conversation, kind of a charming, funny person, and so in the early days of Reddit, even in that story I just told you, those skills were really important to us because I…”
Steve Huffman Oct 25, 2019 ▶ 5:14 20VC: Reddit CEO Steve Huffman on Scaling Teams; What Works and What Does Not, A CEO's Relationship with Stress and Managing It & How To Structure Internal Decision-Making Effectively
Opinion
Steve Huffman Believed Reddit Had Unmatched Potential Upon His 2015 Return
“Reddit has this, it's this incredible opportunity represents, has more potential than any company I can think of. And it feels like they're missing it. It feels like that opportunity is slipping through their fingers.”
Steve Huffman Oct 25, 2019 ▶ 7:39 20VC: Reddit CEO Steve Huffman on Scaling Teams; What Works and What Does Not, A CEO's Relationship with Stress and Managing It & How To Structure Internal Decision-Making Effectively
Insight
Direct Truth-Telling Is the Most Compassionate Strategy During Employee Terminations
“The most compassionate thing that we can do for somebody is tell them the truth in a difficult situation.”
Steve Huffman Oct 25, 2019 ▶ 19:13 20VC: Reddit CEO Steve Huffman on Scaling Teams; What Works and What Does Not, A CEO's Relationship with Stress and Managing It & How To Structure Internal Decision-Making Effectively
Disclosure
Hipmunk Struggled for Years Due to Over-Relying on Founder Intuition
“And that was largely the story of Hitmonk. It took us years to realize that our intuition wasn't correct.”
Steve Huffman Oct 25, 2019 ▶ 13:29 20VC: Reddit CEO Steve Huffman on Scaling Teams; What Works and What Does Not, A CEO's Relationship with Stress and Managing It & How To Structure Internal Decision-Making Effectively
Insight
Stress Management Is the Art of Eliminating Cyclical, Repetitive Thoughts
“It's been removing these cyclical, useless thoughts from my head, and I think a lot of stress management is the tactics and the art of removing these thoughts from my head.”
Steve Huffman Oct 25, 2019 ▶ 16:29 20VC: Reddit CEO Steve Huffman on Scaling Teams; What Works and What Does Not, A CEO's Relationship with Stress and Managing It & How To Structure Internal Decision-Making Effectively
Disclosure
Steve Huffman Is Not a Social Person Despite Running Reddit
“I have lots of thoughts and a vision for Reddit, and I am not a social person.”
Steve Huffman Oct 25, 2019 ▶ 27:18 20VC: Reddit CEO Steve Huffman on Scaling Teams; What Works and What Does Not, A CEO's Relationship with Stress and Managing It & How To Structure Internal Decision-Making Effectively
Assertion Supported
Paul Graham Accepted Reddit Founders Into YC Conditional on a Pivot
“We were not accepted into Y Combinator. And the way Reddit came about was basically Paul told us, hey, we really like you guys. We just don't like that idea. So if you're willing to work on something else, you can be in YC.”
Steve Huffman Oct 25, 2019 ▶ 4:33 20VC: Reddit CEO Steve Huffman on Scaling Teams; What Works and What Does Not, A CEO's Relationship with Stress and Managing It & How To Structure Internal Decision-Making Effectively
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