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
Jacobs: Most Fortune 500 board meetings are scripted wastes of time
“Most Fortune, 500 company Board members, board meetings, are kind of, they're very scripted, and they sometimes even rehearsed, and there's a careful It's a story that's being told by management, and it's done by PowerPoint, it's done by rehearsed presentation…”
Jacobs: Most Fortune 500 board meetings are scripted wastes of time
“Most Fortune 500 company board members, board meetings, are kind of, they're very scripted, and sometimes they even rehearse. And there's a careful It's a story that's being told by management, and it's done by PowerPoint, it's done by rehearsed presentations …”
Jacobs: Middle-market PE rollups create unintegrated messes for multiple expansion
“You see a lot of these middle market private equity firms do that. They roll up these small companies. They're doing five, 10, twenty million dollars EBITDA each, and they bat, they just buy a bunch of them, and now they're up to a hundred million or two hundr…”
Jacobs: 99% of building products distribution companies are 20 years behind in tech
“I found a company, an industry that's got 20,000 companies, and there's about six or seven that are doing really cool things in technology. And that's pretty much it. And I hate to say that so negatively, but I think that's an objective assessment of it. I thi…”
Jacobs: Lengthy diligence memos are bureaucratic CYA exercises nobody important reads
“So, you see some companies when they're negotiated by a company do this very lengthy and detailed and bureaucratic diligence process, and they hire a firm and they write this big huge memo that nobody ever reads, and some wonk reads it but nobody important rea…”
Jacobs: Only six or seven building products distribution firms innovate in tech
“I found a company, an industry that's got 20,000 companies, and there's about six or seven that are doing really cool things in technology, and that's pretty much it.”
Jacobs: Middle-market PE rollups create messy, unintegrated businesses
“You see a lot of these middle market private equity firms do that. They roll up these small companies. They're doing five, 10, twenty million dollars EBITDA each, and they bat, they just buy a bunch of them, and now they're up to a hundred million or two hundr…”
Jacobs: Middle-market PE roll-ups create unintegrated messes for multiple expansion
“I, you see a lot of these middle market private equity firms do that. They roll up these small companies. They're doing five, 10, twenty million dollars EBITDA each, and they bat, they just buy a bunch of them, and now they're up to a hundred million or two hu…”
Bureaucratic M&A diligence memos primarily serve to cover corporate liability
“So you see some companies when they're negotiated by a company do this very lengthy and detailed and bureaucratic diligence process and they hire a firm and they write this big huge memo that nobody ever reads and or some wonk reads it but nobody important rea…”