why aren't all 10 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
Morgan DeBaun: Founders should plan exit outcomes when initially raising capital
“I know they always say, well, don't worry about the outcome or who you're going to sell to when you're first raising money. I think it's important to think through those things, actually.”
Insight
Morgan DeBaun: Brands avoid running ads alongside social justice coverage
“You know, people are very sensitive about running ads or campaigns against black death or murder or social justice, because that's not always ad safe or ad friendly.”
Insight
Morgan DeBaun: Venture-backed startups must target $40M to $50M in revenue
“Also, venture funding isn't for every business model, right? You know, you have to very much be on a mission to build a hundred million dollar plus business and be able to Get to 40, fifty million dollars in revenue plus, right?”
Opinion
Morgan DeBaun: Standalone media companies struggle to raise venture funding
“And I think media alone as an industry is very difficult to get venture funding for we've seen so many media companies go out of business.”
Insight
Morgan DeBaun: Venture funding creates constant pressure to sell the company
“Now, when you take venture funding, the only way people get their money back is if you exit. That's a very tough thing that I have to struggle with because that means that we are selling it to someone else and that there's a constant push And drive towards tha…”
What-if
Morgan DeBaun: Blavity's 1 million users would raise $5M today, not $500K
“It took me a lot of no's to get 500,000 dollars for Blavity. And I had a million users at the time. If I went out today with that, I would raise five million because there's more venture funds focused on minorities and women of color.”
Disclosure
Morgan DeBaun: Blavity diversified revenue to avoid relying on venture capital
“Blavity, we've always had a diversified business because I did not want to be dependent on venture funding, so we've prioritized revenue at our core in terms of operating because it was important that We had multiple industries and multiple revenue streams.”
Disclosure
Morgan DeBaun raised over $11 million in venture funding for Blavity
“I've raised, you know, over eleven million dollars, have fantastic investors that support the mission, but it is a for profit entity.”
Disclosure
Morgan DeBaun: Blavity raised venture capital as an audience platform
“I think that sometimes people may look at Blavity and say, well, it's a media company that's raised venture funding, and it's really more of a company that raised venture funding because we have a huge audience, and we're building products, brands, experiences…”
Assertion Supported
Morgan DeBaun quit Intuit to build Blavity after the Ferguson protests
“You know, I quit my job, and I worked on Blavity full-time. We had already launched a version of it over the summer, but I really, at that point, you know, quit my job in, in the fall right after Mike Brown happened.”