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.

clear all ✕

why aren't all 3 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

Insight
Chris Doyle: Billd gives 3x typical limits via project-based underwriting
“Our performance of these dramatically exceeds any other lender because of the way we underwrite and the way we establish limit. We can give, you know, three X the limit because we have a process that says, what do you, it's not about the person buying the lumb…”
Chris Doyle Jan 2, 2021 ▶ 11:37 Billd Construction Fintech Lends $100m to Subcontractors, Makes 12%+ Spread
Insight
Chris Doyle: Raising debt is more difficult and time-consuming than equity
“It's act to me, it's actually more difficult and time consuming to go out and raise debt because you go through the whole to do, then it's like, okay, we're almost ready to start letting you use it. And it's like, ah, well, this other thing. And it's like, you…”
Chris Doyle Jan 2, 2021 ▶ 17:11 Billd Construction Fintech Lends $100m to Subcontractors, Makes 12%+ Spread
Insight
Chris Doyle: Construction supplier invoices frequently contain auditable errors
“There's lots of, I'm just going to say mistakes in the billing and nothing intentional from the supplier side, but there's a lot of room there. It doesn't take long to train somebody how to pick those up. So we do that and we train our team and they review the…”
Chris Doyle Jan 2, 2021 ▶ 20:32 Billd Construction Fintech Lends $100m to Subcontractors, Makes 12%+ Spread
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