Compressing years of startup investing experience into a listicle is probably just what the internet was invented for, but that doesn’t make it a good idea. Instead, here are a few quick guidelines — the bare necessities to prevent immediate disqualification in your rookie year.
There is a pervasive mythology that startup investing is particularly difficult, and that the people who do it are particularly special. Vaunted names are spoken in hushed tones … Sacca, Doerr, Andreesen. Otherworldly high-performers whose early and growing portfolio of winners cannot simply be explained away by survivorship bias.
Have you ever wondered why the best venture capitalists keep winning outsized returns? Why do the best agents keep discovering new talent? Why do the best universities keep minting Nobel Laureates and CEOs? Most people attribute this continued success to their being “the best.” That somehow their innate abilities, processes, and general brilliance enable them […]