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How Silicon Valley’s Most Prolific Investor Picks Unicorns | Elad Gil Interview

My First Million

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How Elad Gil has success in angel investing.

Success in angel investing can be attributed to several key factors. Timing plays a crucial role; investing during a period ripe with opportunities in sectors like SaaS, consumer, and emerging fields such as AI can significantly enhance potential returns. A market-first approach is essential, where the focus is on understanding the market dynamics and product-market fit rather than solely on the founders, although the latter remains important. Observations reveal that great founders can fail due to poor market conditions, while average founders can thrive in strong markets. Additionally, staying informed about technological advancements and trends, particularly in spaces like generative AI and machine learning, allows investors to spot promising opportunities early and engage with innovative companies in those fields.

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