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Mike Maples on Building Successful Startups and Venture Funds

Village Global Podcast

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Are You Investing in the Next Dollar Shave Club?

I think success in this business comes largely from understanding what type of game you play well and are repetitively successful at playing. And I think it's okay to stray from your game, but you ought to be very clear when you're doing it. Right? The wrong lesson is, Hey, you can have a nice exit, but you won't have a great exit. So my thesis was wrong. I need to go find the next Dollar Shave Club. It could just be that Unilever just didn't know what to do. And they just overpaid, which is probably what happened.

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