Scott Kupor
More books by Scott Kupor…
“Ben Horowitz uses the difference between a vitamin and an aspirin to articulate this point. Vitamins are nice to have; they offer some potential health benefits, but you probably don’t interrupt your commute when you are halfway to the office to return home for the vitamin you neglected to take before you left the house. It also takes a very, very long time to know if your vitamins are even working for you. If you have a headache, though, you’ll do just about anything to get an aspirin! They solve your problem and they are fast acting. Similarly, products that often have massive advantages over the status quo are aspirins; VCs want to fund aspirins.”
― Secrets of Sand Hill Road: Venture Capital and How to Get It
― Secrets of Sand Hill Road: Venture Capital and How to Get It
“Over the past ten years, we’ve gone from $300 million in funds under management and a three-person team to managing more than $7 billion in funds and roughly 150 employees. Most of our employees focus on that “something more,” spending their days building relationships with people and institutions that can help improve the likelihood of our founder CEOs building enduring and valuable companies.”
― Secrets of Sand Hill Road: Venture Capital and How to Get It
― Secrets of Sand Hill Road: Venture Capital and How to Get It
“Whatever the evidence, the fundamental question VCs are trying to answer is: Why back this founder against this problem set versus waiting to see who else may come along with a better organic understanding of the problem? Can I conceive of a team better equipped to address the market needs that might walk through our doors tomorrow? If the answer is no, then this is the team to back.”
― Secrets of Sand Hill Road: Venture Capital and How to Get It
― Secrets of Sand Hill Road: Venture Capital and How to Get It
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