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 3 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
Correlation Ventures study: Only 4% of startup investments return 10X+
“If you look at the work done by the folks over at correlation ventures, they published some research a couple of years ago, which looked at over 21,000 financings and their eventual exits over a decade. What they saw was four percent of investments yielded mor…”
Sequoia, a16z, and Founders Fund enforce strict partner investment discipline
“You look at the likes of Andreessen Horowitz or Sequoia, our founder's fund, for example. They're pretty disciplined in terms of the absolute number of investments they make per person.”
Carta was not the first cap table management company
“And example, I'll use the Henry where he didn't start the first cap table company and nor was he actually building a cap table company from day one. And there, there'd been a dozen or so companies over the last two decades that had been started to go after thi…”