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

20VC: 19 Company Portfolio: 1 Decacorn, 7 Unicorns, 4 Acquisitions; One of the Best Seed Investors of All Time on How to Pick Generational Defining Founders, Why Nothing but the Founder Matters & Why the Best Investors are Never Happy w/ Gili Raanan

148 snips
Mar 18, 2024
In this engaging discussion, Gili Raanan, founder of Cyberstarts and a distinguished seed investor, shares insights from his impressive portfolio, including a decacorn and multiple unicorns. He reveals the critical traits he looks for in exceptional founders, arguing that the founder's passion trumps market conditions. Gili also discusses the importance of personal connections in venture capital, the role of brand reputation, and how a bit of strategic 'laziness' can enhance efficiency for startups. His journey from Sequoia Capital to seed investing is both inspiring and illuminating.
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ANECDOTE

Gili's Childhood

  • Gili Raanan was a bright student who never did homework, preferring to improvise.
  • His early encounter with a Commodore 64 sparked his interest in technology and efficiency.
INSIGHT

The Value of Laziness

  • Laziness, combined with intelligence, can be a strength, driving efficiency and focus.
  • It encourages finding complementary team members to fill individual skill gaps.
ADVICE

Choosing the Right VC

  • Founders should choose VCs who are company builders, not just good pickers.
  • Look for investors who will be your first call for important decisions.
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