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 6 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
Vinod Khosla: Khosla Ventures has never taken a dollar in management fees
“By the way, I, since I started the firm 20 years ago, I've never taken a dollar in fees.”
Khosla: 80% of Khosla Ventures seed investments are under $25M post-money valuation
“I would guess That 80% of the investments we've made in C are below twenty-five million posts.”
Khosla: Has never taken management fees in 20 years of venture investing
“Since I started the firm 20 years ago, I've never been I've taken a dollar in fees.”
Khosla: Passes on 80% to 90% of startups seeking billion-dollar valuations
“I'd say 80% or 90% of the billion dollar valuations, maybe more, we pass on.”
Khosla: Portfolio company Zordi operates fully automated, human-free strawberry greenhouses
“We have a greenhouse that's fully automated, including picking the strawberries, which would be hard to do by hand. And they sell at like five times the price in every New York restaurant prices them at like five bucks a strawberry or something. But there are …”
Khosla: Khosla Ventures followed a $2M Symbolica seed with $15M
“And I said, fine, I'll give you a two million dollar seed. And if you prove this out, then we can talk more. They came back in March of this year, not very long ago, and said, here's the results that I promised. I said, don't go out. I'll write you a fifteen m…”