why aren't all 10 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
Lim: Accelerator Fees Filter Out Chronic Program Hoppers in Asia
“It's also a way for us to actually distinguish between startups who are really interested and committed to the program, Rather than really just joining programs after programs, and quite honestly, there's a lot of startups who do that in this part of the world…”
Disclosure
Lim: 500 Startups Deducts Accelerator Fees From Startup Investments
“For the C accelerator program, that's one where they do get investment after the program itself. There is a fee, but that fee comes out of the investment amount. So you can pay it after you get the investment.”
Assertion Supported
Lim: There is no standardized global ESG policy framework for investors
“Every firm that has an ESG policy would have their own methods of tracking and really their own requirements because as of right now, there isn't a standardized policy globally.”
Insight
Lim: First-time founders need product-market fit before applying for accelerator funding
“Unfortunately, with all that's going on today, you do need to have that, you know, product market fit validation before you actually come and apply for either a program or funding. Unless, of course, you are someone who's done multiple exits, then that's a dif…”
Insight
Lim: Singaporean startups must expand overseas due to small domestic market
“In Singapore, for example, the market's really small. So for a lot of Singaporean startups, they are, they do have an ambition and, you know, even from a VC perspective, there is a need for them to expand overseas.”
Disclosure
Lim: 500 Startups prioritizes future of work, agri-food, and education in 2021
“But I would say that this year itself, what are some of the areas that we are particularly interested in? Future of work and jobs, right? Productivity, those are definitely areas of interest. Anything that has to do with food, agri, it's also something of inte…”
Disclosure
Lim: 500 Startups Evaluates Every Startup Using 'Six Ts' Framework
“We still rely on a common formula called the six T's. So when we talk about the six T's, we look at trend, traction, total addressable market, technology, team. And then lastly, for investments, we look at the terms as well. But this five Key T's right outside…”
Assertion Not checkable as stated
Lim: Many sleeper-hit unicorns in the 500 Startups portfolio are B2B SaaS
“In fact, a lot of the unicorns that we have are the ones that we call slipper hits actually, so not the obvious winners. But a lot of the slipper-hit unicorns that we have are actually B to B businesses, SaaS businesses, right?”
Assertion Partly supported
Lim: 500 Startups has invested in over 2,400 companies across 70+ countries
“So we are the world's most active early-stage investor. We have invested in over 2400 companies in over 70 countries.”
Assertion Not checkable as stated
Lim: Cambodian founders in 500 Startups programs work full-time jobs
“Today, when we work with a lot of people in Cambodia who are interested in pursuing that pathway, they are all doing side hustles, meaning they all have their full-time nine to five job, and only during the weekend they come and attend our programs.”