2min chapter

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch cover image

20VC: Marcelo Claure & Shu Nyatta on Lessons from Investing $7.5BN at Softbank & Why Dumb Money has Gone, Why "LATAM is Under Construction" and the Next 10 Years Will Be the Best & Investing Lessons from Missing Nubank & OpenAI & Investing in FTX

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

CHAPTER

The Importance of Making Mistakes in the Investing Business

I think the opportunity we saw a lack of capital and we tried to pursue that aggressively. But I think the smaller, selective, more personal touch is a better approach for a region that still doesn't have the full ecosystem maturity. This is about choosing the winners, trying to avoid any big losses. And we're not aiming for 10X, 20X. We want to make a few understand the gospel baseball, which some British people do. The investing business is a mistakes business. It's all about making mistakes. Then you find really good things. So you can't not make mistakes.

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