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.

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why aren't all 14 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
Lavingia: Venture-backed startups need 10-20% MoM growth by Series A/B
“You need to be growing in the article, I say, 20% month over a month, but it can be 10%. It just needs to be sort of exponential or so. Or polynomial or whatever the correct math term is. And if you're doing that, you can stay on this path. If you're not doing…”
Sahil Lavingia Dec 8, 2020 ▶ 29:03 #98 Sahil Lavingia: Observing the Present
Insight
Lavingia: Pre-Seed VCs Abandon Founders Once the Investment Closes
“They're selling cash to get on your cap table and they're really good at that. But it's like the second they sell you the car. They, they're, they've sold you the car. I mean, they, you know, they've done the 90% of the work, you know, sort of pre-seed investo…”
Sahil Lavingia Dec 8, 2020 ▶ 15:08 #98 Sahil Lavingia: Observing the Present
Insight
Lavingia: Outsized Windfalls Drive Startup Work Ethic and Competition
“It's not that everyone has the expectation that they're going to become LeBron or Kanye West or anything like that, but the idea that it's possible and that one person is going to win the Hunger Games is going to really kind of, it drives the level of competit…”
Sahil Lavingia Dec 8, 2020 ▶ 17:40 #98 Sahil Lavingia: Observing the Present
Insight
Lavingia: VC Portfolio Theory Leaves Struggling Founders Completely Ignored
“The nice thing about the portfolio theory that VCs have is they don't care that much about you if it doesn't work either, right? So they're all, they're sort of focused on, on other things. They're kind of content to let you Figure it out. At least the good on…”
Sahil Lavingia Dec 8, 2020 ▶ 19:21 #98 Sahil Lavingia: Observing the Present
Insight
Lavingia: Startups must constantly project growth to retain venture capitalist backing
“Startups, like you have to signal that you're growing. You can't say, Hey guys, we're going to take a break, figure this thing out. Cause everyone's going to look at that and say, Oh, these like, as a venture capitalist, you don't want those people. You don't …”
Sahil Lavingia Dec 8, 2020 ▶ 24:21 #98 Sahil Lavingia: Observing the Present
Insight
Lavingia: Profitable software founders have better cashflow than paper-rich peers
“Almost every single person I meet who runs a profitable business, especially one powered by software, they wouldn't trade it for the world. And frankly, like their cashflow, it looks better than most folks that I know who are, On paper worth a lot of, a lot mo…”
Sahil Lavingia Dec 8, 2020 ▶ 31:53 #98 Sahil Lavingia: Observing the Present
Insight
Lavingia: Top industry performers often lack formal education in their field
“Often the people, the best people in the industry are the ones that didn't go to school for that industry because it means that they had to cross all of these things to get into it.”
Sahil Lavingia Dec 8, 2020 ▶ 43:14 #98 Sahil Lavingia: Observing the Present
Insight
Lavingia: High-effort targeted outreach can achieve near-perfect response rates
“People who don't think of it like a numbers game where I just need to send a hundred emails. And what three people are going to say? Yes. It's like, I'm going to send three emails. I'm going to spend three hours on each one and all of them are going to say yes…”
Sahil Lavingia Dec 8, 2020 ▶ 45:17 #98 Sahil Lavingia: Observing the Present
Insight
Lavingia: Broad exploration reaches intellectual frontiers faster than deep specialization
“So many of the insights, like the easy insights have already been solved. If I just go deep, it's going to take like, literally you have to go to the bottom of the ocean to get, like, if you go deep in quantum theory, there's a lot of books you're going to hav…”
Sahil Lavingia Dec 8, 2020 ▶ 50:30 #98 Sahil Lavingia: Observing the Present
Insight
Lavingia: Peer osmosis shapes childhood outcomes more than school systems
“I think expectations cannot be underrated, and I think In your peer group also can't be underrated. Like, I think there's so much emphasis on, on sort of the system that you're a part of your sort of your set of teachers, et cetera. But honestly, I think the b…”
Sahil Lavingia Dec 8, 2020 ▶ 5:23 #98 Sahil Lavingia: Observing the Present
Insight
Lavingia: Building agenda-free relationships with investors makes early fundraising smoother
“And it was honestly a relatively smooth transition because I'd built up these relationships with people around just talking about product and talking about, there was no agenda. I wasn't selling them anything. So I'd sort of already effectively sold them on my…”
Sahil Lavingia Dec 8, 2020 ▶ 13:25 #98 Sahil Lavingia: Observing the Present
Insight
Lavingia: Startups Need Billion-Dollar Upside to Attract Big-Tech Talent
“The early employees might only have half a percent of the company, one percent of the company, two percent of the company. And so they also are looking for it. I mean, they're turning down offers for, you know, from Facebook and Google and Uber at like, you kn…”
Sahil Lavingia Dec 8, 2020 ▶ 16:57 #98 Sahil Lavingia: Observing the Present
Insight
Lavingia: Employees Who Proactively Save Managers Time Can Get Whatever They Want
“Those employees that do that, Will win. Like they will get whatever they want because those are the folks I really want to surround myself with because I care about, you know, my quality of life and my time.”
Sahil Lavingia Dec 8, 2020 ▶ 34:43 #98 Sahil Lavingia: Observing the Present
Insight
Sahil Lavingia: Immersing in any book perspective inevitably generates empathy for it
“I've never read a book and come out of it being less convinced of the argument, even though I was not on the side of the argument. Like, when you spend that much time sort of looking at a subject from a specific perspective, you just end up becoming more empat…”
Sahil Lavingia Dec 8, 2020 ▶ 7:45 #98 Sahil Lavingia: Observing the Present
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