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
Patel: Very few seed investors act as accountable lead investors of record
“We believed then still believe it's true that there are very few investors at the seed stage who are willing to be the investor of record, so to speak, or the accountable party.”
Patel: Winning product strategy starts with a narrow wedge solving one problem
“So what we really like to hear articulated is a product vision that starts with a very narrow near-term focus. One problem solved really well for one type of customer, but a broad long-term vision, a path for how you move from that wedge to something that take…”
Patel: Setting VC fund size before strategy is a recipe for failure
“And we're big believers that your fund size needs to reflect your strategy. If you Set your fund size and then try to create a strategy around it. We think that's a recipe for failure.”
Recker: Screen Door is non-concessionary capital targeting top venture returns
“What we really liked about it is that this was not concessionary capital, that when they came to us with this idea, it was really around creating more opportunity for people, but really around people that can and will deliver great results, and they just need …”
Patel: Homebrew prioritized institutional LPs over friends-and-family capital from inception
“And so a little naively and a little strategically, we decided we wanted to focus on institutional capital. And we were fortunate having worked in the Valley for a long time and having a lot of relationships that we knew we'd be able to raise some amount of ca…”