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 10 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
Guglani: Late-stage funded startups become miserable, dark workplaces obsessed with growth
“From a very happy and light workplace, which is creating magic, it started transitioning into a unhappy, miserable, little, but dark workplaces where there was a lot of focus on growth and valuation without really caring about what was happening to the humans …”
Guglani: Startups founded purely for popularity or external validation never go far
“If the reason is an external achievement that I wish to achieve popularity, validation, or certain financial outcome for myself, or I need to prove something in the world. No, that will never go too far.”
Guglani: Founders who prioritize rushing outcomes do not build enduring successes
“In fact, honestly, what I've seen is all the high speed ones, which have been about with they don't go places.”
Guglani: Competition is for mediocrity, because genuine excellence has no competition
“Competition is for mediocrity. Excellence has no competition. So if you are, if you truly understand the nature of business, basically you know that excellence is very rare. It's very hard to achieve. And if you can achieve excellence, you will be anywhere abo…”
Guglani: Morpheus shut down because ecosystem founders prioritized valuation over culture
“And we tried to talk to founders, nobody was interested. So we took a call to shut down the project. We did not want to be part of that kind of ecosystem.”
Guglani: All Morpheus Fund 1 investors profited and still hold equity
“All of them who invested in our first fund actually made a, have already made a decent amount of money and there is still equity left in that.”
Guglani: Vijay Shekhar Sharma was the first check in Morpheus's third fund
“Vijay Shekhar Sharma, the first guy to give us a check. Rajan was there, Rajan and then Bloom, India Push and Ganesh, all of our LPs, previous ones, they repeated, they brought their friends.”
Guglani: SuperMorpheus syndicate completed over 35 investments in under a year
“While 300 people are working together, about hundred of us are also part of the syndicate, basically, where we make make engine investments, and over in less than a year, I think we have made 35 plus investments.”
Guglani: SuperMorpheus is setting up a $10M-$20M Singapore fund
“So as of now, we are quite close to setting up a fund in Singapore, which will be a small fund and to 10 to twenty million dollars mostly money will be raised from the community and the individuals who are already connected to us.”
Guglani: Morpheus originated by offering 8-10 weekly advising hours for 1% equity
“I came up with this number of one percent and I said, Hey, we'll do one percent equity and me and Nandini will help you eight to 10 hours a week. And basically we do a six months resting so that if there's a breakup in between you know, one can kind of settle …”