why aren't all 11 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
Opinion
Madho dislikes 'segregated' investing that limits women to female-focused funds
“One of the things that, that's happened is I go to a lot of events that only have female investors or investors that are specifically looking for female founded companies. And this is a good thing, but I also don't like segregated investors. I want bro money t…”
Assertion Not checkable as stated
Michael Hyatt: Lab 141 lacks working equipment and commercial proof
“There's no equipment yet. There's no proof in the pudding. There's no real work through.”
Disclosure
Madho: Lab 141 is seeking a $16.5M pre-money valuation
“The pre-money would be 16.5.”
Assertion Supported
Madho: 50% of US women are petite and 67% are plus-size
“I'm five feet tall, which means I'm petite, which is 50% of all American women. I'm also size 18, which means I'm 67% of all American women because I'm plus.”
Assertion Not checkable as stated
Madho: Lab 141 is negotiating LOIs with two well-funded DTC brands
“We're actually negotiating an LOI with two very well-funded direct-to-consumer brands already.”
Disclosure
Andrea Madho: Lab 141 held 70+ investor meetings without landing checks
“And I've had seventy-something VC angel meetings, but no one's gone out of their way to say, listen, we had an off-the-record kind of conversation, but I really like what you're doing. Let's talk about me investing. That hasn't happened either.”
Prediction Not checkable as stated
Hyatt: Andrea Madho will raise capital at a big valuation
“I think somehow you're going to raise this money at some kind of big valuation, and I think you know it, because I think that's what you said, you're really good at raising money.”
Disclosure
Madho: Lab 141 cannot compete on $30 items, targets $250–$500 garments
“So this is at the premium end of the market. We can't compete with items that are 30 dollars. It's between 250 and about 500 dollars.”
Assertion Partly supported
Madho: Lab 141 invented a single-ply cutting table and holds patents
“So we have invented a single ply cutting table that my partner and I are on the patents for.”
Disclosure
Madho: Lab 141 is raising $5M to fund its first facility
“We're raising five million dollars in order to kit out our first facility, to make our first hires, and to fulfill the unmet needs of the consumers.”
Disclosure
Madho pauses Lab 141 venture fundraising to pursue customer revenue
“So frustrated, in fact, that I don't know if I really want to raise from investors. So I'm kind of stepping back from the hard pitch.”