Two big mistakes I see founders make:

(1) Having a “101-level” understanding of previous cycles / attempts at solving the same problem

(2) Having a “101-level” hypothesis for why NOW is the right time

Both these mistakes typically coincide with having a shallow “secret” only you know.

Both are solvable.

Operator turned investor. Work in TradFi. Exploring the future of social investing @crossroads.  🟪

What do you mean by “101-level” if I may ask? Does that lean towards making a thesis or formulating your understanding of previous cycles from No experience or a naive view of the cycles/markets

HGHR.fdn ↑   ||  Yapper of onchain thingies || I have a kuusho@hghr.foundation mail now

You said both are solvable, how so?

Assume you’re talking to a 24-year old with no depth but strong ambition and resilience.

How would you direct a founder at that level towards a more well rounded and nuanced understanding of both things?

Lacking nuanced depth; a perspectice extending about as far as the headline narrative of the day. 

Discoverable in a Bain, McKinsey or BCG [insert any other reputable fund, bank, consultant etc] white paper.