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ANGEL: Freestyle’s Jenny Lefcourt on nailing non-consensus bets and avoiding hype | E1704
This Week in Startups
How to Be a Successful Venture Capitalist
Jason: Average check size is two or three million when you do the seed round and so you're going to put 30, 25 bets in. You need to have a bet go 100 X and return to a 300 to have a 2 X fund which is kind of table stakes in our business right? Jason: I don't think that most founders really at least I didn't understood sort of power law and they are looking for unlimited upsideThe ability for it to be the one that can return the fund. "I help every founder as best as I can to help them be successful," he says.
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