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 9 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
Williamson: Long-term behavior from US firms would have added $1T, 5M jobs
“In the United States over the decade leading up to 20 16, if the short-term companies in this country, and I know this is a big if the short-term companies in this country had been able to behave like the long-term countries, They would have created a trillion…”
Dixon: Corporate career progression is a local-optimum trap for aspiring founders
“In people's careers, I think you get caught on kind of a local optimum. Imagine the career landscape is a hilly landscape, and there's the highest hills where you kind of want to get to. It's very easy to sort of be walking up a hill and feel like you're succe…”
Greenblatt: Alternative certifications will iterate to match college degrees
“And that's what I think would happen with alternative certification. That these standards that were developed over time, companies would figure out what works well in lieu of this college degree, what tests or courses or whatever you have to do. Some of the te…”
Williamson: Long-term companies outperform generally but suffer steeper crisis drawdowns
“If you look at how long-term companies have behaved, long-term companies on a number of financial metrics, versus how short-term companies have behaved, what you see is that long-term companies outperform in terms of revenue, profitability, share appreciation,…”
Oak HC/FT never hires external consultants like McKinsey for due diligence
“And then otherwise, we don't hire McKinsey. We don't hire Bain. We never hire a consultant.”
Wittenberg: McKinsey found diverse leadership yields 35% higher return likelihood
“There's a McKinsey study in 2015, and it showed that companies in the top quartile for racial diversity of leadership were 35% more likely to have financial returns above their national industry medians.”
Southeast Asia had only $200M in annual VC when Zalora launched
“So, in a year, when I decided to leave McKinsey, two hundred million dollars a year was put into venture in Southeast Asia, which is a population of six hundred million, very fast growing.”
Real organizational change requires internal operators, not outside consultants
“You recognize that some of the real challenges around talent and organization and how to convince people to do things rather than what the five-page PowerPoint answer is. And you can really only do that as an insider, I believe, rather than as an outsider.”
Connaughton: Bain & Company founded on single-client-per-industry model
“To take you back, you have to go back to 1973 because Bain and company was started on a very different premise as a consulting firm versus McKinsey and BCG and Booz Allen. Effectively, those firms were talking about big ideas. They sold to multiple clients in …”