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
Andy Dunn: Would not raise venture capital if building Bonobos again
“No, I w I wouldn't have done it.
If I could go back, I think there's so many
Problems with raising money.”
Andy Dunn: DTC brands should scale into wholesale and raise under $20M
“And I feel like that's the new playbook in DTC is get the brand to scale in DTC. Open up wholesale relationships, thoughtfully, strategically, perhaps some brick and mortar, and raise less than twenty million dollars, certainly at the high end.”
Dunn: Corporations are the only viable funding source for mental healthcare
“We know that psychiatrists and therapists are not going to voluntarily reduce their rates.
We know they're not going to voluntarily join and affiliate with insurance companies that takes down their after tax.
And we know that insurance companies aren't going t…”
Dunn: Realistic Valuations in Downturns Benefit Founders Long-Term
“And by the way, the valuations get more realistic too. And I think that's a good thing for entrepreneurs in the long run, although they don't view it as such in real time.”
Dunn: Mood disorders affect approximately one in five entrepreneurs
“Three percent of the general population has some form of mood disorder, most commonly bipolar disorder. We think that index is seven to one in entrepreneurs. So we'd be talking about one in five”
Dunn: Competing with those who care more signals you are in the wrong lane
“When you're bumping up against people who care about something more than you do, that's just a good sign that you haven't really found your swim lane yet. You should be swimming in a swim lane where you feel like you can go the fastest and you want to go the f…”
Andy Dunn: Over 80% of retail spend remains in brick-and-mortar stores
“The truth is that 80% plus of retail is still spent in brick and mortar stores.”
Dunn: Bonobos Raised First $8M from 100+ Investors During Recession
“And we started Bonobos, right? And right before the great recession. And so, oh, eight, oh, nine, 20, 10. We had to raise our first eight million from a hundred plus investors.”