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 4 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
Porteous: Consumer Startups Must Rely on Organic Growth Over Paid Acquisition
“I think the way we'll see new consumer experiences launched is actually going to be much more organic. You know, it's the trends, the sharing of new application experiences among communities that we as investors have to really watch for because we can't compet…”
Porteous: Building a startup requires 80-100 hour workweeks for 4-5 years
“Are they really ready to commit the 80 to a hundred hours a week for four to five years that it really takes to build a company?”
Porteous: Early-stage venture capital operates identically to the movie business
“All of us, you know, in the early stage of venture business spend our time really thinking about talent, and we could just as easily be talking about, you know, leading actors. I mean, we're looking for massively talented people who can play a leading role in …”
Porteous: Time diversification is as essential as stage or sector diversification
“Diversification by time is, is one of the most important instruments that, that we have as investors. And it's actually crucial that in composing a fund, it's not heavily concentrated in a single time period, just as you don't want it to be concentrated in a s…”