The short answer
Cited evidence means every finding in a report links to the record it came from — the filing, register entry, docket or article — with the quoted passage and the date it was retrieved, so a reader can check it without taking the analyst’s word for it.
At a glance
- Term
- Cited evidence (evidence ledger)
- Also known as
- source citation · evidence ledger · cited memo
- Category
- Method & analysis
- Where it matters
- Company and founder due diligence
Cited evidence in practice
An evidence ledger is the numbered list of those findings. Prose written against the ledger can cite each sentence; a sentence that cannot be cited does not belong in the memo.
Why cited evidence matters
- Investment committees and compliance teams can verify claims quickly.
- It prevents unsupported statements from slipping into a decision document.
Cited evidence in MarketPrior
In MarketPrior every finding becomes a numbered evidence entry with its source link and quote. The memo is written against that ledger and then checked sentence by sentence; a sentence without a valid citation is dropped rather than shown. Each analysis snapshot is chained to the previous one with a SHA-256 hash.