How to find outstanding companies as an angel or VC
This piece is part of my intro to VC series. I wrote these short essays as a way to accelerate my learning and make this opaque world more transparent. How you source as an early-stage investor defines the quality of your outcomes. Most VCs build the top of the funnel using one or two of these techniques. Here I want to give a complete overview and point out what’s great about each of these, what’s not, and how to improve.Network drivenThe best companies often come from the edge of your netwo...
(re)Building the Modern Finance Stack
Authors: Luc de Leyritz & Sam Cash, originally posted here We believe there’s a meaningful opportunity for large scale businesses to be created in the B2B fintech space by a) streamlining time-consuming workflows which are currently performed manually by the finance team and b) increasing the penetration of these tools in the European SMB market. There are about 23m SMBs in Europe, all of whom have to manage their finances. However, most don’t use specialised software. Accounting software is ...
The question that can 10x your thinking and writing
Our instincts are often right. After 15 days of somewhat consecutive publishing, I realized my fears of writing poor essays were well-founded. I thought my essays would be irrelevant, uninsightful, and boring. It turns they are, like most things written online because I failed to ask myself the most important question. So what? The problem with our writing is that it often does not resonate with the people who read it, it often does not offer any insightful take because we did not dig deep en...
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Don't read books, read clusters of books.
Clusters transform your reading experience because:
They give you an information edge. Reading a single book on a topic will give you an edge over most who don't read. Reading more than one will give you an edge over most of those who read (and don't go much further than one).
Clusters let you build a unique worldview. Read-only one book and you've only seen one perspective. You have to see the topic through the author's eyes. Read 5 books and now you can suddenly compose your own complex view of the topic.
Clusters compound the value of every individual book. A cluster lets you develop a unique set of the model of how to think about something. The more models you have, the more you can combine them and creates connections and links across pieces of knowledge.
Rather than impulsively buying the next book, choose the next mental tool you want to acquire. Choose your topic depending on how important is it for you to know about it, and how little you know about it. Then choose 5 books to read about it and start building that mental models armoury!
As an example here's my next cluster, about the world of Venture Capital:
E-boys by Randall E. Stross
The Business of Venture Capital by Mahendra Ramsinghani
Venture Deals by Brad Feld
Zero to One by Peter Thiel
7 Powers by Hamilton Helmer
Eternally grateful to @spakhm whom I learnt this from.
Don't read books, read clusters of books.
Clusters transform your reading experience because:
They give you an information edge. Reading a single book on a topic will give you an edge over most who don't read. Reading more than one will give you an edge over most of those who read (and don't go much further than one).
Clusters let you build a unique worldview. Read-only one book and you've only seen one perspective. You have to see the topic through the author's eyes. Read 5 books and now you can suddenly compose your own complex view of the topic.
Clusters compound the value of every individual book. A cluster lets you develop a unique set of the model of how to think about something. The more models you have, the more you can combine them and creates connections and links across pieces of knowledge.
Rather than impulsively buying the next book, choose the next mental tool you want to acquire. Choose your topic depending on how important is it for you to know about it, and how little you know about it. Then choose 5 books to read about it and start building that mental models armoury!
As an example here's my next cluster, about the world of Venture Capital:
E-boys by Randall E. Stross
The Business of Venture Capital by Mahendra Ramsinghani
Venture Deals by Brad Feld
Zero to One by Peter Thiel
7 Powers by Hamilton Helmer
Eternally grateful to @spakhm whom I learnt this from.
How to find outstanding companies as an angel or VC
This piece is part of my intro to VC series. I wrote these short essays as a way to accelerate my learning and make this opaque world more transparent. How you source as an early-stage investor defines the quality of your outcomes. Most VCs build the top of the funnel using one or two of these techniques. Here I want to give a complete overview and point out what’s great about each of these, what’s not, and how to improve.Network drivenThe best companies often come from the edge of your netwo...
(re)Building the Modern Finance Stack
Authors: Luc de Leyritz & Sam Cash, originally posted here We believe there’s a meaningful opportunity for large scale businesses to be created in the B2B fintech space by a) streamlining time-consuming workflows which are currently performed manually by the finance team and b) increasing the penetration of these tools in the European SMB market. There are about 23m SMBs in Europe, all of whom have to manage their finances. However, most don’t use specialised software. Accounting software is ...
The question that can 10x your thinking and writing
Our instincts are often right. After 15 days of somewhat consecutive publishing, I realized my fears of writing poor essays were well-founded. I thought my essays would be irrelevant, uninsightful, and boring. It turns they are, like most things written online because I failed to ask myself the most important question. So what? The problem with our writing is that it often does not resonate with the people who read it, it often does not offer any insightful take because we did not dig deep en...
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