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
Samuels: VCs replace 75% of venture-backed founders by the time of IPO
“There's one study that found that about half of founders are replaced by VC firms who've invested in the company by the time they reach the third round of financing, and that's 75% of founders have been replaced by the time a company IPOs.”
Samuels: Private markets AUM approaches $10 trillion, with $2 trillion in VC
“The amount of capital in private markets, it's almost 10 trillion dollars in private markets AUM, and two trillion of that is held by VC firms, which is astonishing when you think about those numbers for early stage investments.”
Samuels: Wellington provides in-house executive coaching for senior leaders
“Wellington has a wonderful program where they are basically providing in-house executive coaching and a leadership program for managing directors and even some partners to learn about these skills, and other organizations support a coach.”
Samuels: $60B to $70B has been raised for GP stake funds
“I've seen research that suggests that 60 to seventy billion dollars has been raised for GP stake funds.”
Samuels: Oaktree floated 6% in its IPO and founders cut equity sub-15%
“They thoughtfully saw the need to begin transitioning ownership, and they had a number of liquidity events, including selling a percentage to clients and then to institutional investors via private placement, and then ultimately via an IPO, and they floated si…”
Samuels: MassPRIM held 240 underlying hedge fund relationships before moving direct
“Our hedge fund portfolio began a long time ago as fund of funds. We realized we had 240 underlying relationships when we looked through those dozen or so fund of funds, and we built a direct program when I was there.”
Samuels: NEPC advises and manages over $1.5 trillion across 400 clients
“And we have over one and a half trillion in assets under advisement and under management. We have about 400 clients across seven different client groups.”