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
Lunia: Indian seed funds haven't found unicorns in crowded hype sectors
“None of us, you know seed funds have discovered a unicorn. Ever in these spaces, right? So if you look at you know, our good friends Karthik at Bloom, Orias, Rehan, none of us have so far got a unicorn, right?”
Fafadia: GreyOrange returned an entire fund without being valued as a unicorn
“So gray orange is a dragon. That's the difference. It is not a unicorn, but it returns a full fund.”
Reddy: Blume Ventures aims to reach $500M AUM by 2024
“By the fifth fund, which is maybe five years away and that's how far we've thought. So I don't know about 10 years, but five years is what we've thought. I want to be able to have five hundred million under management. That's when, that's 20, 24, right?”
Fafadia: Carbon Clean Returned Blume Ventures' Entire First Fund
“Even today when we look at our fund one, we have one company that is one time the whole fund. It's a dragon outcome. Okay. So this is carbon clean. And it has done incredibly well.”
The supply of gig workers will definitively increase post-COVID
“I think you know, on the supply side, which is the supply or the number of gig workers, I think will definitely go up.”
Reddy: All four Blume B2B exits sold for $30M to $40M+
“The others were all very promising businesses to a global buyer who either wanted India or emerging market access or wanted access to the product portfolio to take global and thought this little Indian company out of a Bloom portfolio was best in class, right,…”
Fafaria: Blume reduced fund portfolio sizes from 70 to under 30
“From a portfolio construction of 60 odd companies, almost 70 companies, We were now at fund two, 45 plus. Fund three, not even 30.”