The Hard Part with Evan McCann
Yuri Sagalov from Wayfinder Ventures
Oct 30, 2024
Yuri Sagalov, Managing Partner of Wayfinder Ventures, shares his journey from Russia to the U.S. and how it shaped his entrepreneurial spirit. He discusses the evolution of Y Combinator and the glamour of being a founder compared to an investor. Yuri reflects on his angel investing successes and highlights 'velocity' as a crucial predictor of startup success. He also explains Wayfinder's unique approach to supporting founders and the growing accessibility of angel investing, revealing his contrarian views in the venture capital landscape.
49:47
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Quick takeaways
- Yuri's immigrant journey shaped his perspective on integration, emphasizing the importance of support systems for newcomers in new cultures.
- The evolution of Y Combinator illustrates its growth into a key player in the startup ecosystem, enhancing support for founders significantly.
Deep dives
Immigrant Experience Shapes Perspective
The speaker shares how their immigrant background has influenced their views on integration and support systems for newcomers. Moving from Russia to Israel and finally to Canada during formative years presented unique challenges, especially in adapting to new cultures and languages. By the time they graduated middle school in Canada, they had achieved fluency in English, which highlights the resilience often required in these situations. This journey inspired a commitment to assist others in similar transitions, emphasizing the importance of helping immigrants feel welcomed and integrated into their new communities.
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