The unpredictable and highly transparent entrepreneurial circle

To mention Silicon Valley's well-known angel investors, I am afraid that so far has not been able to surpass Ron Conway achievement. He has invested in Google, PayPal, Twitter, Facebook, Pinterest, Snapchat, Airbnb, BuzzFeed, and many other top star startups, and received a generous return, known as Super Angel.

So what is the reason for Ron Conway to achieve this?

Paul Graham believes in his blog that Ron Conway's most successful place lies in his integrity and good character. He becomes so strong because he is a man of kindness and harmless to others.

There is a difference between good intentions and genuine goodness. The former is deliberately and not lasting, the latter will be more in the longer time to show the charm of personality, will be more and more people's trust and respect, and thus achieve success. That's why Ron Conway's vast majority of investments were made by the founders who volunteered to find him or someone else to recommend him. This is true of Google, as is the case with Facebook, and Evan Williams, who founded Twitter, also personally found Ron Conway to seek investment. In the United States, he has been recognized as a "trustworthy person."

Paul Graham believes there is already a clear trend in Silicon Valley that the most successful investors are also the most virtuous people.

That may not be the case 20 years ago, but why is there such a trend and change now? Paul Graham gave his explanation. He attributed this to the greater transparency and uncertainty of the business circle. If an investor is unfriendly to an entrepreneur, his bad reputation will soon spread through the business circle, and he will only be exposed to fewer projects. In addition, the development of the entrepreneurial circle is too rapid, perhaps a few years ago and investors talk is only a college students, but a few years later it is very likely to become the Silicon Valley's most famous start-up company CEO. Therefore, this makes the investor must be honest with all the people around us, good faith. And those who are truly virtuous can continue to do so.

In contrast to the current domestic boom in the creation circle is the same truth. The more people who have integrity, respect the entrepreneur and give support and help, the more entrepreneurs will find him, and the more they will come into contact with better projects and teams. And those with other ideas and even malicious investors may be earning a quick buck 1:30, but the investment business in the entrepreneurial circle will not be successful for long.

For Ron Conway, he was not able to predict such a change in the future and turn himself into a righteous man to cope with the trend, only because he had always been such a person. The Business circle is currently the most transparent and most rapidly changing area, but in the future, other areas will also be in this direction. In a sense, Ron Conway's character determines that he is a person who lives in the future and adapts to the future.