Bryant Wu

I would shorthand a venture investment as TAM, team, and to a lesser extent timing. It's really about TAM and team

The best way to measure the acquisition effect is usually by the percent of organically acquired users and the customer acquisition cost going down over time (within a network until a certain point).

Like you said, you examine the invention and then it tells you so much about the inventor. What that also tells me is if I were, instead of an investor at that moment at Y Combinator, if was trying to decide if I was going to go work there, that was going to be the way I could tell I wanted to work there

What are the most common reasons for failure in this type of business that you've observed again and again?

Typically what the consumer founder is, typically they're really young, they're digital natives, and they've made observations about the state of the digital world that typically more senior workers with more experience don't make.

sometimes as an entrepreneur, you have to over-index to courage. You have to think about the world that you wish to exist, not the one that does exist. As investor, I'm constantly looking at distribution of probabilities, that those outcomes will in fact be achieved.

The systems-level thing is that we actually have to be very fast about getting back to people. Being able to schedule an all-partner in 48 hours or less is actually really important. Being able to make an investment decision with a group process without short circuiting due diligence within 48 to 72 hours, just speed is important because speed kill... See more

And being on the other side helping founders try to tell their story, the number one thing that I get back is like if only I had more time. Actually, no, no, you don't need more time. You took too much time to begin with. If you're saying I have an idea that's so complex, you need to take time to understand it. That I think misunderstands human bei... See more