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 6 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
Ong: Investment contract binds founder's future ventures to current equity split
“In our agreement, I made it this way, like, we made it this way, and we agree on it this way, which we agree is fair, is that if, let's say, she leaves this business and she starts another business, then what's gonna happen is that she, like, she went to split…”
Ong: MLM is ethical if products deliver value without recruiting
“That's how I decide whether a network marketing model is ethical or not. It's based on whether if they don't recruit other people, do they still get value from the product itself?”
Ong: Raised $18K for 3% stake in tutoring business within three days
“Within three days, we raised 18,000 dollars for three percent of the company.”
Ong: Main goal of coaching program is finding acquisition targets
“My main plan on why I do coaching is so that I can find more businesses to acquire, yeah.”
Ong: Business Challenges Have Always Been Operational, Never Sales or Marketing
“Like in my whole business career, I've never had a sales and marketing problem. It always is an operations problem for me.”
Ong: 2016 Startup Collapsed Over Inflexible Co-Founder Equity Split
“The main reason why the business didn't take off was because of the equity split, right? Yeah. So the business didn't work because the equity split, because one of my partners, he had to go for national service. And so he couldn't contribute to the business an…”