Summary: Partner of Andreessen Horowitz. 5 months ago, Sam left the VC industry and joined the photo-sharing website Imgur as product director. Here are 7 things the author has learned in the VC industry to share with you. 1/Winners Always look wrong in some way
Partner of Andreessen Horowitz. 5 months ago, Sam left the VC industry and joined the photo-sharing website Imgur as product director. Here are 7 things the author has learned in the VC industry to share with you.
1/Winners Always look wrong in some way. But that's why others don't take the opportunity to invest, recruit or develop. Seize this seemingly random opportunity, you can also succeed.
2/Venture capital is also a service industry, which means you have to think about how to sell yourself to your clients (entrepreneurs, potential employees, partners) every day. Everyone you talk to, especially those who have been rejected by you, should be more interested in working with you than at the end of the conversation.
3/Fast Learning the best way is to find the right people to communicate. Of course, you have to do your homework before you talk to them. You should find the top three people in your field, communicate with them, and then synthesize their ideas. You know, hear, Shinze.
4/Manage investment, consider it as a "risk-reward" portfolio that brings good revenue. In work and life, be careful to combine projects with low returns and high income risks.
5/Success without a template, and no one knows exactly what to do is right. Everyone is improvising, so when someone gives you advice, be sure to think deeply and understand why a particular person can succeed in a particular situation.
6/great potential will develop very rapidly and will be very large. You can safely bet on things that have grown but still keep growing. On the other hand, you have to really understand why these things grow, because some are real growth, and some are bubble-type growth. The bubble is growing fast, but the bursting of the bubble will be sudden.
7/In the early location has a huge advantage. In the investment, in each new job, in your career, as early as possible with the winners stand together more opportunities for success. If you make the right investment early on, the end result will snowball.