
Venture Capital Strategy: How to Think Like a Venture Capitalist

The biggest secret in venture capital is that the best investment in a successful fund equals or outperforms the entire rest of the fund combined.
Peter Thiel, Blake Masters • Zero to One
But the factor that enables you to have the greatest effect on the company’s ultimate success or failure is the communications channel between entrepreneurs and investors. As in physics, “complex adaptive systems,” are highly affected by their initial conditions. Shah: That is why, for kids, so much focus goes on building their mind right during th
... See moreTarang Shah, Tarang Shah, Sheetal Shah • Venture Capitalists at Work: How VCs Identify and Build Billion-Dollar Successes

One answer is what we might call a work-to-play model, in contrast with the traditional concept of ‘pay-to-play’. Instead of valuing LPs who can give the most money—an easy commodity for many founders in an overcapitalized environment—syndicates could work to value those who can actually contribute ideas, expertise, and work to support the companie... See more