Investors in Venture Capital funds are presented with a dilemma: top-decile performers capture most of the asset class's alpha, yet it's quasi-impossible to get access to established funds with stellar track records. Many turn to "younger" firms, called Emerging VCs, with various fates. The "super power law" is even more entrenched in this category, where| The VC Factory › Mindset-Based Investing
Talking at an Inc.com event, Shark Tank's Kevin O'Leary goes real about the hardships entrepreneurs need to face if they want to be successful.| The VC Factory | Mindset-Based Investing
Peter Thiel brilliantly conveys that Venture Capital is not about taking bold initiatives that will radically change humanity's future. Not anymore.| The VC Factory | Mindset-Based Investing
Starting with this quote from YC's Jessica Livingston, I explore VC herd mentality, show how Founders can leverage it, and how VCs should manage it.| The VC Factory | Mindset-Based Investing
The legendary Investor Arthur Rock, who practically invented Venture Capital, drilled entrepreneurs to understand how lucid they were about their venture. Isn't overconfidence a force in entrepreneurs?| The VC Factory › Mindset-Based Investing
I recently attended meetings where experienced VCs and Founders claimed that money is the primary driver of successful entrepreneurs. This idea stood out because it conflicted with much of what I have experienced directly as an Investor, advisor, and mentor, as well as what I have learned as a researcher. Money-motivated individuals often find more| The VC Factory | Mindset-Based Investing
In this post, I use Bill Gurley 's Google story to describe the mentality Venture Capital Investors need to achieve top-decile returns in their funds.| The VC Factory | Mindset-Based Investing
Grit is celebrated as an ingredient of entrepreneurial success, often discounting nefarious consequences like burnout and depression. Resilience matters more.| The VC Factory | Mindset-Based Investing