Focus
joincolossus.comSaved by Luke deWilde and
Focus
As I mentioned, they have a holistic picture of a whole company in their mind. As the company expands, their holistic picture expands itself. This ability to holistically think out a company from the product to the customer to whatever. It does not mean they are great engineers or necessarily great sales guys or great financial guys, but they can h
... See moreTarang Shah, Tarang Shah, Sheetal Shah • Venture Capitalists at Work: How VCs Identify and Build Billion-Dollar Successes
Ignorant, or younger, or new entrepreneurs sometimes think that all money is equal when you're raising money, especially at your first round and your later rounds. You just think, "I just want to get the best price. Money is money." The ones who choose the wrong money learn pretty quickly of their errors. Company building is craftwork. It is not ma... See more
Invest like the Best • Thriving in Changing Markets
Finding Undiscovered Talent
joincolossus.comLove this from Joshua Kushner’s interview on Patrick O’Shaughnessy‘s Invest like the Best:
Patrick: How do you balance or reconcile participating in a $2b round for stripe with a 2m check into a seed company?
Joshua: They are equally concentrated - not in magnitude of capital but in emotional commitment to concentration. We don’t do a lot but wh... See more