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 4 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
Avner: Opt-out annual contracts beat free trials due to legal friction
“I think that's a better model than having people try it out and then sign up for the year because you wanted to go through the legal hassle of understanding all the contracts, signing for a contract and then canceling because they have more to lose. Well, peop…”
Avner: Israeli Military Service Prepares Founders to Build Startups
“I think the magic in Israel is actually the army. If you think about it, the Israeli army is taking young people, putting them in high stress environment for a few years, making them solve big problems very quickly together, and then they finish the army and t…”
Avner: Unpredictable revenue prevents ad-tech companies from going public
“The one thing that public companies need to do is to be able to forecast the revenues. And if you can't do that, you can never go public. That's why investors don't love marketing technologies. And that's why investors love specifically subscription services.”
Avner: Dropping media to sell pure data increases valuation multiples drastically
“When you do that, you can make a ton of money. There's a lot of very successful large companies making a ton of money, but then your multiple is two X on the company because they're selling media. Then you drop the media portion, just sell people the data. Let…”