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
Erickson: Challenger marketplaces must offer differentiated products, not just better values
“You can't be an Etsy with better values. You got to be Etsy with a different product.”
Erickson: Taking outside capital causes founders to lose control of destiny
“You know, I never thought of either looking for outside money or wanting outside money, and maybe that was a good thing of my naivete, because once you do that, you know, you lose control of your destiny.”
Erickson: Launching directly into mass retail usually fails without niche base
“You have to have that foundation first, and then from there you go out. If you're going to try to go mass market, you have to have so much funding to be able to do that, and chances are it's not going to work, because you've got to build that base.”
Erickson: A purpose-driven business is more powerful than wealthy philanthropists
“The power of a business done the right way
Is way more powerful than two rich people.”
Gary Erickson: Waiting Three Days to Make Crisis Decisions is Fatal
“And then as soon as you can take some action and don't sit on things because we don't have time to sit on things. We've been making decisions where we have to act now or tomorrow. And if we wait three days, sorry, we're screwed. So Adapt and take some action.”