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 8 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
Wilkinson uses babysitting and cruise ship tests to evaluate prospective CEOs
“The heuristic that my business partner Chris and I use is, would I let this person babysit my kids, right? Or would I be okay if I got stuck on a cruise ship talking to this person for like three days, right?”
Wilkinson made hundreds of millions of dollars in a single year
“When I woke up on August first you know, I'd made hundreds of millions of dollars that year taking a company public.”
Later-stage CEOs should have previously run a business double the size
“So what I look for in a later stage company profile is I say, I want to hire someone who's really kind of done this before in a similar or adjacent industry. And they've run a business that's at least double the size.”
Holding company founders stay involved from an addiction to being needed
“The way that I've structured my business is that I am ultimately just making decisions around capital allocation, and there's not that many to make a year, and so I should be able, technically, I should be able to remove myself from a lot of that stuff, but I …”
Tiny avoids capital-intensive sectors to focus on predictable businesses
“Now I really focus on businesses where I think that I can predict the outcome where, with reasonable certainty, and I'm not having to compete with the venture folks. So I don't want to get into AI and drones and, you know, vaccines. I don't want to get into ar…”
Wilkinson refuses to raise another fund to avoid managing outside capital
“Owing people things or letting anyone down, and so I don't know that I'll raise another fund. All of our investors have been wonderful. We've had no issues. People have been very supportive. We've done good deals. They're all probably going to make a lot of mo…”