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 7 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
Chang: Startups face an upcoming Series A and Series B funding crunch
“Let's call a spade a spade, and there is no real seed two or seed three. That's basically a bridge, right? That pretty much means you haven't found proper product market fit to extend over into a proper series A, so we will see a big series A crunch series B c…”
Chang: Small $750K seed rounds leave startups undercapitalized for Series A
“So the undercapitalized seed or series A will be the new big risk for founders. It is easy to get that first seed round because there's so many seed funds around and it's easy to do a rolling close and do, you know, a safe note and get your seven 50 K in. But …”
Chang: Data-poor AI startups will be acqui-hired by major tech incumbents
“If startups can't train on massive proprietary data sets, then they'll never get that advantage on their algorithms. And then they're really targeted for, you know, acqui-hire by Facebook, Amazon, Apple, Google, et cetera.”
Chang: Applying AI to existing industries will drive startups for a decade
“Whether it's AR, VR, my favorite AI machine learning, you know, the business plan of the next 10 years will be take machine learning AI, add it to existing industry X, disrupt the whole thing.”
Chang: Proprietary data and AI talent are the new oil and gold
“Proprietary data pools and AI talent are the new natural limited resources. They are the new oil and gold, if you will.”
Chang: Mayfield invested in Next Entertainment to export China's live-streaming model
“So this is a company called Next Entertainment. They are taking the China live streaming phenomena and trying to see if that playbook will apply to the rest of the world. A rare case of instead of China doing copy-paste ventures on a successful US model may be…”
Chang: Mayfield partners review up to 800 deals to make 1-3 investments
“The normal pace for a fund like us, you know, mainstream early stage VC firm of three 50 to four hundred million, we're typically doing 10, 12 deals a year, right? So a mainline VC, we're probably seeing anywhere from 400 to 800 deals a year personally and doi…”