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 9 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
Salihefendić claims Basecamp is wrong about equity in bootstrapped startups
“I mean, honestly, like, I think I mean, I was kind of, like, against this, you know, like, the bootstrapping, especially, like, if you, like, hear the base camp guys, like, equity has no value and stuff like that, but it's kind of bullshit, because, like, equi…”
Coppinger: Teamwork Was Built Because Basecamp Sucks
“Yeah, well, the reason we made this product is because Basecamp sucks.”
Phil Strazzulla: Ignoring short-term revenue metrics improves founder focus and mental health
“Chris is like an amazingly smart guy and he's like a very sophisticated operator. He doesn't know for a reason. And that's because like he's focused on building a brand and an amazing product. And I think coming from the VC world, it's hard to let go of that s…”
Wu: Cash-flowing SaaS companies should avoid VC and follow the Basecamp model
“The real reason is like, I'm pretty happy running the company cashflow. Like I don't know, to be honest, if you're cashflow positive and you can be profitable and you can grow at a sustainable rate, Why? And you're growing at a decent rate enough that you know…”
Dubin: Viewst will stay lean like Basecamp and hire 2-3 engineers
“Okay, so, you know, I, I'm very inspired with the case of Basecamp, so I don't want to grow a really huge team, but I understand that I need to hire, like, several more engineers, maybe two to three, and anyway, we got to the point where we found our product m…”
Carson: Basecamp has no outside shareholders besides Jeff Bezos' 5% stake
“They, they're a super private company. They don't have actually any shareholders other than I think Jeff Bezos owns five percent.”
Gill: GoSquared is currently a profitable and sustainable business
“We've always had the bootstrap mindset, like the heroes of ours are people like Basecamp and people like that, and we love the idea of building a sustainable, profitable business, which is what we are today.”