What do VC’s kow that the rest of us don’t?
Burak BuyukdemirBurak Buyukdemir • 2nd • 2ndFounder of Startup IstanbulFounder of Startup Istanbul
What do VCs know that the rest of us don't? VCs have a few tricks.
I'll be hosting Professor Ilya Strebulaev on my podcast to discuss his book, "The Venture Mindset"!
Ilya breaks down how top VCs think and make decisions.
He shares 9 key principles that can help anyone make smarter bets in business and life:
1. Business Model: Home Runs Matter, Strikeouts Don’t
2. Deal Sourcing: Get Outside the Four Walls
3. Initial Screening: Prepare Your Mind
4. Due Diligence: Say No 100 Times
5. Selection Criteria: Bet on the Jockey
6. Decision Making: Agree to Disagree
7. Follow-On Rounds: Double Down or Quit
8. Incentives: Make the Pie Bigger
9. Exit: Great Things Take Time
Whether you're an entrepreneur, investor, or just curious about innovation, this episode is for you!
Got questions for Ilya? Drop them in the comments below, and I'll try to ask them during our chat.