3min chapter

HBR IdeaCast cover image

The VC Fund Closing Equity Gaps — and Making Money

HBR IdeaCast

CHAPTER

How to Value Distance Traveled in a Founder

How venture capitalists look for talent is quite different from what they do in the business world. One of the key factors that determines whether a company will be successful is distance traveled, or how long it took them to get there. This metric was developed by Mark O'Mara when he co-founded a scholarship program at UC Berkeley. He says founders must have grit, resilience, commitment, passion and vision.

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