Ep166 – Dan Krasnostein (Partner – Square Peg Capital) on teaching, culture and conviction
Jun 30, 2022
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Dan Krasnostein, Partner at Square Peg Capital, discusses teaching, culture, and conviction in venture capitalism. Topics include Square Peg Capital's unique investment strategy, building strong teams and cultures for success, global investing perspectives, Australian founder insights, and the role of teaching in career and portfolio management.
Focus on long-term strategic decisions for sustained success.
Maintain a balance between short-term survival and long-term growth opportunities with adequate capital.
Investors guide founders to build resilient businesses with strategic planning and sustainable growth practices.
Deep dives
Importance of Long-term View in Business Strategy
It is crucial for founders and businesses to focus on long-term strategic decisions rather than solely on short-term metrics. By planning for long-term growth and value creation, businesses can build a solid foundation for sustained success.
Role of Capital in Uncertain Times
In times of uncertainty, it is essential for businesses to strike a balance between short-term survival and long-term growth opportunities. Having adequate capital allows businesses to navigate challenges and capitalize on emerging opportunities.
Global Investment Landscape Amid Uncertainty
While uncertainty impacts the VC landscape, opportunities still exist for great companies to attract investors. Capital availability remains strong, especially for innovative and high-potential ventures with a solid long-term vision.
Investing in Business Resilience
Investors play a key role in guiding founders to focus on building resilient businesses that can weather market fluctuations and remain competitive in the long run. Encouraging strategic planning and sustainable growth practices is vital.
Fostering Collaboration and Mentorship Opportunities
Creating platforms for global collaboration, mentorship, and knowledge sharing can significantly benefit founders in navigating uncertain times. Leveraging diverse perspectives and experiences can enhance business strategies and decision-making.
My guest for Ep166 of The Startup Playbook Podcast was Dan Krasnostein, Partner at Square Peg Capital. Dan began his career in management consulting before making the switch to joining Seek in strategy roles. After spending 4 formative years at Seek, Dan was ready for a change and despite in his own words not knowing […]