Invest in Companies that Don't Need Your Help

The ideal company to invest in is like a donut company where your role is limited to attending meetings and enjoying the product, without needing to provide help. It is preferable to invest in companies that do not require your assistance, as needing help indicates a missing element. The debate between former operators and career investors for venture investing has shifted, with successful entrepreneur-operators like Mark and Drew highlighting the advantages of their dual experience. Former operators may tend to seek out ways to help improve a company due to their operational mindset, but the absence of a need for assistance should be seen as a negative signal in itself.

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