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 5 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
Refusing Down Rounds Due to 2020 Valuations Is Irrational
“When I see companies sometimes unwilling to raise a round because it's going to be lower than this, like, fictitious number they have in their own head. I see this with, like, IPOs now, where, like, companies are like, oh, well, I can't go public unless I hit …”
Initial Corporate Layoffs Are Rarely Deep Enough, Destroying Management Credibility Later
“When you're doing layoffs, it's always, it always feels so painful, too painful, but I would say it's never painful enough. The most painful thing is coming back three months later with another round of layoffs.”
CEOs Should Never Guarantee to Employees That a Layoff Is Final
“Never promise people this is the only round because you never know because you're the, you're doing that as a way to save the company, to bring the cost in line with the revenue expectations. If the world gets worse, if your revenue expectation gets worse, the…”
VC Hype Cycles Harm Startups by Masking Poor Operational Hygiene
“I would say these hype cycles are generally bad for companies because it allows them to avoid learning hard lessons.”
Personal Cars Are Lime's Main Competitor, Not Rival Scooter Companies
“The competitor that I spend most of my time thinking about is the car. The car is our biggest competitor. The majority of car trips are under five miles in cities, and the mode of passenger is one. The most common number of people in a car is one person. And s…”