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
Weinberg: Upper-middle-class family safety nets enable founders to take startup risks
“The reality is if you've got family wealth, and we're not talking about having to have tens of millions of dollars here, you can just be upper middle class wealth, let's call it. It makes it a lot easier to make a leap and to do a startup because in the back o…”
Weinberg: Financial independence enabled me to speak freely on Twitter
“I don't need to ask anybody for anything anymore, I guess, and there's a freedom to that. I don't have to rely on somebody else saying, oh, I like this person, let me help him, and I guess that's a little liberating. And you'll notice I didn't necessarily have…”
Weinberg: Operator Partners exercises Series A pro-rata rights 100% of the time
“For now, what we're generally saying is if the Series A Is getting done and it's getting done at a price that we feel like is reasonable for the business, which most of them are, by the way, that's 80, 90%. Then a hundred percent of the time we're going to par…”
Weinberg allocated 20% of his first exit's wealth to startup investing
“After we sold the first business, I would say we tried to come up with a number. I think it ended up being around 20% where it's like, okay, if I lose this, it's not going to be fun, but I'm not going to worry too much. Like I'll be okay. And we felt like 20% …”