What should investors focus on when investing in startups?
Investors should focus on unconventional ideas, have a structured investment process, and prioritize team and personal conviction.
How can investors build trust with founders?
Investors can build trust with founders by being easy to work with, starting meetings with basic questions, and being honest about their investment decisions.
What is the importance of face-to-face meetings in investing?
Face-to-face meetings are crucial for making investment decisions and getting personal conviction in the business.
What factors should investors consider when deciding to invest in a company?
Investors should consider traction, relevant expertise, and investment terms when deciding whether or not to invest in a company.
How can investors avoid making non-optimal investment decisions?
Investors should avoid investing based on popular criteria and groupthink, and instead focus on contrarian and unfashionable investments for optimal returns.