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What Makes an Entrepreneur? Cojones (7/11)

Both Sides of the Table

If your idea is so amazing that it warrants my hard-earned angel money or the money of my LP investors from our fund then why should I take a risk on you if you won’t take a risk on yourself? But to me if you’re not willing to quit and take a risk on yourself, then you’re not confident enough in your own idea and skills.

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To Follow On or Not to Follow On

This is going to be BIG.

I know, because those people all used to pitch me as an institutional LP back in the day. There are a lot of people that artificially group together performance metrics for venture, and try to extrapolate successful stratagies from it.