143. Adopt a VC Mindset: Achieve More by Thinking and Communicating Like a Venture Capitalist
Think Fast Talk Smart: Communication Techniques
Embracing Failure to Achieve Success in Venture Capitalism
Venture capitalists are described as 'failure champions' because they value the team and founders above all. They understand that failure can lead to constructive outcomes, and sometimes seeking failure is necessary for success. A story about two entrepreneurs who failed with a glitchy game, Glitch, and returned the investment money highlights how venture capitalists like Excel Partners invest in the team and founders, even in failure. By embracing failure, venture capitalists can support founders in pivoting and ultimately creating successful companies like Slack, showcasing that failure can lead to significant achievements.
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