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.

clear all ✕

why aren't all 3 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

Insight
Ripley: Strong pre-fund returns do not predict Fund I success
“We found over time that simply having strong returns pre-fund is not a good prerequisite for a fund one. It's about the intangibles we learn about you that support them.”
Jay Ripley Nov 10, 2025 ▶ 27:15 Jay Ripley – Emerging Manager Selection at GEM (EP.470)
Insight
Ripley: Pre-fund co-investments are the best diligence before backing a Fund I
“We felt like the best diligence you could do on a sponsor before they raised a fund one was to make pre-fund co-investments, because that would give us the insights to see the things that matter before you back someone in a blind pool.”
Jay Ripley Nov 10, 2025 ▶ 26:13 Jay Ripley – Emerging Manager Selection at GEM (EP.470)
Insight
Ripley: LP-GP alignment peaks during a sponsor's Fund I era
“You're never more aligned with a sponsor than you are in that fund one era when they want to have that stamp.”
Jay Ripley Nov 10, 2025 ▶ 45:53 Jay Ripley – Emerging Manager Selection at GEM (EP.470)
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