
20 VC 009: Red Flags, Saas and becoming a VC with Joe Floyd
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
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How to Invest in a Startup
If you're coming straight out of university, the best thing you can possibly do for yourself is to take a job that's going to give you more concrete skills. You can be better to join a big player in the industry and then move into it. A team has worked together for a long time and they've demonstrated expertise of a particular market. That can be a very strong indicator for us. Another one is go to market strategy. I think Zenefits would be a perfect example of that. They get paid from the commission through the insurance broker so they can give their software away for free. No one else had an automatic leg up.
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