First-time founders focus on product
Second-time founders focus on distribution
Lifetime founders focus on the mission
Alex Bangash
@AlexBangash
Founder backing founders for companies, studios, and platforms.
Joined September 2007
- Gratitude is the single biggest indicator of integrity.
- Early Stage VC is 100% power-law so Diversification of returns matters less. Individual investments have capped downside /exponential upside Late-stage VC is increasingly a normal distribution w significant downside & capped upside So diversification of returns mattersHear @SamirKaul1 discuss dangers of conservatism in venture & importance of upside maximisation & not selling winners too early. As LPs @Beezer232 @MKRocks @AlexBangash how important is diversification of distributions vs pure cash on cash returns? buff.ly/2uOg0ZA #vc #lp
- There is no credential for independent thinking buff.ly/2tejARw
- Sometimes it is the very VCs no LP can imagine anything of who produce the returns that no LP can imagine.
