Venture Capitalists at Work: How VCs Identify and Build Billion-Dollar Successes
Tarang Shah, Tarang Shah, Sheetal Shah
amazon.com
Venture Capitalists at Work: How VCs Identify and Build Billion-Dollar Successes
Does a better go-to-market strategy win over better product? Morgan: Yes, the better go-to-market strategy wins over the better product.
Tarang Shah, Tarang Shah, Sheetal Shah • Venture Capitalists at Work: How VCs Identify and Build Billion-Dollar Successes
If you want to start a company, you really have to go to people who will talk to you. Entrepreneurs have to go out to get objective feedback on their ideas.
Tarang Shah, Tarang Shah, Sheetal Shah • Venture Capitalists at Work: How VCs Identify and Build Billion-Dollar Successes
We have clearly seen this with Steve Jobs. These leaders tend to be tough bosses because they have a big picture and a small picture in their head at the same time—strategy and execution. They are highly critical bosses. They are very demanding, but the companies tend to win because there is this comprehensive leadership, not just the theoretical,
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Most of the best deals that we have done would not have survived the scrutiny of a partnership.
Tarang Shah, Tarang Shah, Sheetal Shah • Venture Capitalists at Work: How VCs Identify and Build Billion-Dollar Successes
The third lesson is to not be greedy. We basically raised money whenever we had the opportunity. It felt like we were always fundraising. It resulted in much more dilution for everyone, but that is the only reason we were able to survive as a company.
Tarang Shah, Tarang Shah, Sheetal Shah • Venture Capitalists at Work: How VCs Identify and Build Billion-Dollar Successes
Maybe not disrupting a market per se. There may be markets to the left and to the right that are affected, but really I think more value is created when the company ends up becoming synonymous with its market. It defines the category in such a way that it’s not just a better implementation of something that has been done before, but in fact is some
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What are three things that you wished as an investor that every entrepreneur knew? Wagner: Focus is essential. Recruiting is the main job, and listening is one of the core skills. And I don’t mean listening to venture capitalists. I mean listening to the market. Shah: What are the most common blind spots you see in the entrepreneurs? Wagner: The mo
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The great companies are leaning forward. The personality of the company is naturally inquisitive and naturally aggressive.
Tarang Shah, Tarang Shah, Sheetal Shah • Venture Capitalists at Work: How VCs Identify and Build Billion-Dollar Successes
Remember, a start-up starts with nothing. It has no foundation. If the founder seems ambivalent or ephemeral, then there isn’t something grounded upon which to join. What new hires are looking for are consistency and depth. What integrity actually means is being internally consistent and whole. It suggests depth. A person develops deep integrity by
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