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
Weiss: Balance every VC board member with an experienced CEO director
“I always kind of had a rule of thumb, like every time a VC joined my board, I'd add a CEO.”
Weiss: Customer board observers inhibit open discussion of company issues
“Where you try to get like a customer on your board, you know, like where, where they'd want an observer seat if they do a strategic round, somebody, Like, you know, I won't name any names, but sometimes that can alter what you say in the board meeting. You kno…”
Weiss: Legacy software giants will fail to adapt due to design hiring
“I honestly don't think that the old old line companies are going to make this shift, make this change, and one of the reasons I contend is they can't hire the design talent.”
Weiss: Most enterprise SaaS mobile products are crap
“If you look at most of the enterprise, even the enterprise SaaS companies, their mobile products are crap.”
Weiss: Boards scrutinize every number management puts on a slide
“The board eats whatever you serve them, and so you are the one that's preparing the meal and putting it in front of them, but you know, if you put up a slide with a bunch of numbers, they're going to ask you about every single number on that slide, right?”
Weiss: Regular executive sessions stop board members from conspiring offline
“Because it's like with every board I'm on after a period of time, I try to convince the CEO that it's a good idea because the first, like when I first walk in, It's normally like, what? You're gonna be talking about me, like, when I'm not here? But the implied…”
Weiss: CEOs should ask vulnerable questions to coaches, not board members
“I would also recommend that there are things that you don't want to share with board members that you'd want to have a mentor or a CEO coach that you can ask those stupid questions with. So they're, you know, like, I think there's a range of questions that I f…”
Scott Weiss: Smart locks are the top IoT application for five years
“If I were to handicap, like, what I would like to see in the next five years on Internet of Things, I think locks would be my number one.”
Weiss: Software requiring a user manual lacks a modern user interface
“If it needs a manual, it's probably not a mod, doesn't have a modern UI, it probably doesn't have, it's not a consumerization of IT product”
Weiss: Intuitive SaaS applications remove the need for data-entry intermediaries
“If you look at the new applications like Box, like Evernote, you know, a lot of these new applications are built for mobile. They're they'll, they're built for kind of a HTML user interface, and they're intuitive in the way that Tom was talking about, like Fac…”