1min snip

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch cover image

20VC: The Two Biggest Mistakes Every Founder Makes, Why Founders Are Not Ambitious Enough Today, Why Having a Narrow Target Customer is Dangerous & The Three Possible Outcomes in Company Building with Matthew Prince, Co-Founder @ Cloudflare

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

NOTE

VCs and Big Outcomes: The Path of Successful Entrepreneurs

Entrepreneurs should aim for big outcomes, says the speaker. He points out that VCs want entrepreneurs to take on ambitious tasks that can lead to significant opportunities and world-changing impacts. Building a small thing first and then expanding is rare. The example of Zuckerberg starting Facebook illustrates this point. The speaker suggests having people like Zuckerberg on the show to discuss their mindset and how they envision the future. They speculate that the idea of connecting everyone online was probably in Zuckerberg's mind from the very beginning.

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