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
Khare: Lightspeed's Repeat Founders Surged From 15% in 2014 to 70%
“We looked at our portfolio from 2014, 2019 and 20 24. So five year segments. About, if I remember correctly, about 15% of our founders were second time founders that we backed in that year. Either way, 15%. Today it's 70%.”
Khare: Lightspeed Often Holds Entire Stake for Two Years Post-IPO
“In many cases, we don't sell anything at the IPO. We hold it. We might hold it for many years, for that matter, depending on our view on the company. But at the minimum, a couple of years post IPO.”
Khare: Roughly 25% of Lightspeed India's Portfolio Is Software
“About a quarter of our Lightspeed India funds over the years have gone into software investments. We've got about a hundred total portfolio companies in the region, so about a quarter of that are software.”
Khare: Lightspeed's Early Bet on Music Streamer Dhingana Was a Mistake
“The first company I ended up advocating for to invest in was a company called Dhingana, a consumer company doing basically an early version of Spotify for India... Dhingana was the largest by traffic. And so we invested there. We got that call wrong. I got tha…”