E38: “Angel” Podcast: David Cowan, Partner at Bessemer Venture Partners shares insights on owning up to his anti-portfolio, understanding sunk cost, top traits for becoming a VC & best Founders & CEOs he’s ever worked with
This Week in Startups
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Navigating Venture Capital: A Personal Journey
This chapter recounts the speaker's transition from Oracle to venture capital at Bessemer Venture Partners, emphasizing the importance of persistence and networking in the face of rejection. It reflects on the evolution of the venture capital landscape, highlighting necessary traits for modern investors such as courage and adaptability. Additionally, the chapter explores cognitive biases, particularly the sunk cost fallacy, and how they affect decision-making in both personal and investment contexts.
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