Garry Tan
@garrytan
With picking VCs, an underestimated fact is if you go with a slightly more seasoned investor they might be able to prevent you from doing something that kills you (based on past experience) But if they over-rotate on that sometimes it’s their reaction that kills you instead
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Garry Tan
@garrytan
It’s still ultimately up to the founder to make the call, and sometimes it involves taking the advice and sometimes it means ignoring it Founders should generally maintain board control so it remains their choice. If you have it, make the call and take responsibility.
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Brandon Walsh
@brandonwalsh
Haha. What a novel thought. To be in a position where one can actually pick and choose their VC’s?!
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Evan Mann
@evanmann
Great tip. Do you have any tips or indicators to pay attention to, in order to eliminate bias and weigh a decision when your intuition clashes with a more experienced advisor? Personally, I ask my partner—she’s super wise, lives outside the startup world, and knows me well enough to call me out if I’m being silly.
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parseb
@parseb.eth
0 to 1 Innovation tends to be uninvestable in most of experienced outlooks. Even more difficult in crypto as it tends to generates anxieties due to its pre-figurative nature or product-value coupling. Or tldr: 100 out of 100 investors would have passed on the Bitcoin seed round.
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Zenigame
@zeni.eth
How do you pick right the first time round?
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