
Mike Maples on Building Successful Startups and Venture Funds
Village Global Podcast
00:00
Is the Market Not Pricing Well Right Now?
The thing that the market isn't pricing well right now is what i would call pre-product market fit startups by first-time founders. That's the place that you can still find alpha is companies that don't have any lagging metrics yet and have to perform all the leading activities in front of them to produce something right. Taking the risk means letting go of the fact that you could know what it's gonna be, so let go of the idea that some things have to be clear yet. If if you believe that you're backing a valid artist with a unique insight a lot of times they'll surprise you with what they come up with in your portfolio there are a number of people who
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