
#206 The Venture Mindset with Ilya Strebulaev, Economist & Professor at Stanford Graduate School of Business
DataFramed
Bet on the Jockey, Not Just the Horse
In the venture mindset, it is crucial to bet on the team executing the idea rather than solely on the idea itself. This principle highlights that venture capitalists assess startups based on the team's capability to execute the idea successfully. The speaker emphasizes that the world of ideas is overrated, stressing the importance of the team's execution abilities over the idea itself in securing investment.
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