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 10 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
Tullco guarantees full follow-on capital for portfolio companies until IPO or exit
“We tell the companies that, you know, you really don't have to raise capital again. We'll provide the capital that you need until we get to a place where you're going to go public or You know, something's going to happen”
Thomas Tull calls Legendary's early Batman partnership with Christopher Nolan pure luck
“So in terms of pure luck, meeting a young director named Chris Nolan, and being able to, you know, to start off legendary with doing Batman Begins and The Dark Knight, and some other movies with Chris Nolan, that's pure luck.”
Thomas Tull argues public markets are completely disconnected from actual company value
“The public markets to me are completely disconnected from reality, good and bad.”
Thomas Tull says success shifts founders from grinding to pattern recognition
“The older that you get and the more success that you get under your belt, like anything else, you can go from just grinding all the time to pattern recognition.”
Thomas Tull warns founders against maintaining failing theses just to show grit
“You can't just keep banging your head against the wall just to say, I'm showing grit. I'm being persistent.”
Thomas Tull passed on early Uber and Airbnb investments
“I had an opportunity to invest in Uber and Airbnb early. And to be honest, I completely missed the shared economy. I just thought, that's strange. You know, you would go and rent someone's room or you would, and obviously completely blew that and didn't have a…”
Thomas Tull invested heavily in Genies while avoiding direct cryptocurrency exposure
“With the crypto stuff, I don't own a lot of it. I'm a big investor in Genies, which is, you know, a company here in the States that everything from intelligent emojis to NFT and sort of web three O stuff. But I haven't gone deeply into the crypto stuff just be…”
Thomas Tull says growing up poor leaves lasting fear of losing wealth
“If you grow up poor, at least for me, there's always this odd thing where you're afraid that it's going to be taken away.”