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 33 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 1 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
Elizabeth Yin: VC-backed lending startups struggle with growth-quality trade-offs
“Lending companies have a hard time getting to scale as a VC backed business, because you don't want to obviously force bad loans, right? But there's always sort of this pressure to grow.”
Elizabeth Yin: Every startup founder should pitch with multiple plans
“I think every founder should come in with multiple plans.”
Yin offers Sundae $150K at a $7M post-money valuation cap
“I unfortunately can't get behind the 10, but I would put out my offer at one 50 at seven post on a save.”
Elizabeth Yin: Founders must have contingency plans if they cannot raise full target
“I don't think you necessarily present all, you know, several plans, but you should have like a plan in mind for if you cannot raise X, you should be able to do something with Y. I a hundred percent agree with that. If the company is down in the water because y…”
Yin: Running a scaled company is easier than struggling at seed stage
“It's actually way easier to run a company with product market fit at a high level than it is to just hit your head against class on something that's not working at seed stage.”
Yin: Hustle Fund shut down revenue-based financing due to price competition
“We do not anymore. It did really well, but we had problems scaling it because other folks out there were willing to lend at way less profitable rates, and we couldn't compete on that. So we would lose deals, and that's what makes it hard to scale. We made mone…”
Yin: Hustle Fund offers $50K at $6M post-money SAFE for Flock AI
“I'd be open to investing 50 K at six post on a safe, and we are fast.”
Yin: Hustle Fund offers to invest $150K at a $5M valuation cap
“I would like to invest. Seven is going to be too high for me, but I would do it at five cap, a 150 K.”
Yin: Hustle Fund's $7M cap offer for Sundae is final
“Yeah, that is our final offer. I think, you know, unfortunately, just kind of where we play in the sphere. I think valuation is really important to us. We write small checks, so we have to kind of make it count, you know, as an investor.”
Trofimova predicts Sundae will close funding round above a $7M valuation
“Seven million is a little bit lower valuation than what we will probably close this round at.”
Yin: Hustle Fund offers $25K check for Fleeting on previous SAFE
“Well, I mean, if you would have me, I would be in for 25 K on that same safe.”
Elizabeth Yin: Startups need founders who refuse to quit when rationally justified
“Even the successful businesses you read about, like there's usually a lot of problems. Like most businesses are always on the verge of failing many times. And so what you need during those times are founders who will just not give up. And most people would giv…”
Elizabeth Yin recuses herself from Party Trick due to Afterwork conflict
“I think it might be good to disclose, now that you have described this, that I think this is quite similar to a portfolio company of mine called Afterwork. So I think I'm gonna have to sit out.”
Elizabeth Yin commits a $150,000 Hustle Fund investment into FutureMoney
“So, I think it's a slightly crowded, but given your background, that's a bet I'm willing to take. So, I'm in for a 150 K.”
Yin: All Hustle Fund e-commerce portfolio companies have no money
“Mac, like, all of my e-commerce companies have no money.”
Elizabeth Yin commits $50,000 to Thoras AI seed round
“If you would have me on this seemingly oversubscribed round, I would be in on these terms for 50 K.”
Yin: Missing Pepper prompted personal angel investments in DTC startups
“We also don't invest in DTC with our firm, but over the last couple of years, having had a bunch of misses like Pepper, I've now started writing those personal checks because actually there's a lot of really good companies in DTC, especially because there are …”
Yin: Hustle Fund uses some small deals to learn emerging spaces
“I think I see certain deals as partly a way to get my foot in the door and learn.”
Elizabeth Yin: Hustle Fund passes on Aura Finance over high valuation
“I think to Jenny's point, you know, we're pre-seed investors at Hustle Fund, so for us, like, the valuation's gonna be too high, but yeah, I, I'm very impressed, Kelsey.”
Yin: Hustle Fund Typically Invests At Valuations Under $10 Million
“We typically go under 10, so like your last round was already quite high, and so. I didn't even try to negotiate here.”
Yin passes for Hustle Fund but considers personal angel check
“So from the perspective of the fund, we'll be out, but I think, you know, given where you are with your fundraise, if you end up, you know, raising a price round or whatever this is with those funds, I would love to see if I might be able to write a very, very…”
Vigo: Hustle Fund Completed Its Investment in Bevz
“Elizabeth invested. Hustle Fund is part of the team, and we've been working with them a little bit.”
Yin offers a $5,000 personal check if Hustle Fund cannot invest
“If in the case that we cannot do it out of Hustle Fund, I would be happy to write you a 5000 dollar personal check.”
Yin: Hustle Fund passes on Pepper due to $9M valuation
“The valuation for me is really pricey, to be honest. Like, this is not where we come in with Hustle Fund. For that reason, I'm a pass.”
Yin: Hustle Fund passes on Remynt over capital intensity and thin margins
“So, this is going to take a lot of capital. The margins are going to be thin, and I think for us and our small fund, it's probably not the best fit, but I really am rooting for you and hope that you knock this out of the park.”
Yin: Hustle Fund only invests in software; offers $10K personal check
“Hustle Fund does only invest in software, but I'm very impressed with all that you've done here. You know everything backwards and forwards, so I would be in for a ten-k personal check.”
Yin: Hustle Fund excludes non-software, offers personal angel check to NARA
“Hustle Fund does not invest in non-software, but I do do a number of angel investments, and I would love to do this personally as a small check. I wouldn't be able to hit your 25 K minimum, but if you would have me, I would love to invest.”
Yin: Hustle Fund backed only one EdTech startup across 500 investments
“On 500 investments, I think we have one ed tech company, so it's not a space I really know a whole lot about nor really have a, honestly, a passion for.”
Yin: Hustle Fund passes on Handle, but considers personal angel check
“So from the perspective of the fund, we'll be out, but I think, you know, given where you are with your fundraise, if you end up, you know, raising a price round or whatever this is with those funds, I would love to see if I might be able to write a very, very…”