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20Angel: Finn Murphy: Announcing Europe's Latest Solo GP, Why Backing Google Is The Only Thing That Matters, Why European Companies Need To Raise In The US & How The Deal Process Is Like Texas Hold'em
20Angel
The Importance of Ambition and Initiative in Founders
A successful founder is not just ambitious and driven, but also willing to step off the beaten path. They have the initiative to pursue non-standard opportunities, like one founder who switched from law to computer science and spent a year at Berkeley's renowned computer vision lab. Startups require constant ambiguity and the ability to iterate, so venture funding is meant to support this process. According to investor Mark Cummins, ambition is the ultimate factor for success, surpassing talent, intelligence, and market size.
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