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
Prashanth Prakash: 2% to 3% of startups drive 80% of VC returns
“It's usually two to three percent of your portfolio that will return 80%, that will give you 80% of your returns. I mean, it's that skewed.”
Prashanth Prakash: Building product before deep problem insight causes startup failure
“If somebody is looking to build product ahead of insight and a deeper appreciation for what really the problem is, I think I've seen that as a recipe for disaster in most companies. What they will have is a hundred member tech team. ... Very average product be…”
Prashanth Prakash: Oversimplifying TAM in pitches reveals lack of proper homework
“Oversimplification of time. Total addressable market, right? Oversimplification. It means that person's homework is like.”
Prashanth Prakash: 20% to 30% of VC investments return 5x
“And then you will have about 20, 30% that will in our business, you know, give you like a five X which is not bad. Yeah. You know that's so it's over a 10 year period, 11 year period. So it works out to a decent IRR. Right. And then you have about 15, 20% who …”