How Do You Make Decisions in Start Ups?

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How do you make decisions? This is like the classic decota question. And i think, for example, to me, the most common failure mode in investing and inventure capital is decisions by committee. In my experience, the nature of good start up investments is they generally have one thing that's amazing and a bunch of stuff that's kind of messed up. So what we'll do is, whe on't wont of the general partners will sponsor investment, and we'll have a discussion. I tink that's important. But i believe it's very, very important to have individual decision makers who are closest to the topicd know it the best.

Chris Dixon leads crypto investing at the storied Silicon Valley venture capital firm Andreessen Horowitz, or a16z. He’s responsible for leading funding rounds for Coinbase, which went public about a year ago, the NFT marketplace OpenSea, and Yuga Labs, which is behind the Bored Ape Yacht Club among others. He is also a prolific user of Twitter, where he posts lengthy threads about crypto and web3. He is at once one of the biggest investors in the space, and its biggest booster.

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https://www.theverge.com/e/22784768

Credits:

Decoder is a production of The Verge, and part of the Vox Media Podcast Network.

Today’s episode was produced by Creighton DeSimone and Jackie McDermott and it was edited by Callie Wright.

The Decoder music is by Breakmaster Cylinder. Our Sr Audio Director is Andrew Marino and our Executive Producer is Eleanor Donovan.