Marcus Ryu, co-founder of Guidewire and partner at Battery Ventures, shares his journey of building a $10B company, the challenges of startup beginnings, and the importance of precision in startup success. He discusses the power of insight, overcoming rejection, navigating legal battles, and sustaining founder relations. The conversation also explores the philosophical approach to investing, the future of vertical software, and decision-making in entrepreneurship and venture capital.

Marcus Ryu, co-founder and chairman of Guidewire and partner at Battery Ventures, shares his entrepreneurial journey from launching Guidewire in 2002 to transitioning into venture investing. He discusses the critical elements for startup success, likening startups to insurgents. Ryu reflects on the challenges of the first sales cycle, the importance of a reckless spirit in entrepreneurship, and offers insights on generative AI's potential in insurance technology. His tale is filled with wisdom for both budding entrepreneurs and seasoned investors alike.