Katherine Boyle, then partner at General Catalyst, describes her primary investment framework when evaluating early-stage founders.
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“I invest almost solely in what I call founder narrative fit, where I'm really, really focused on kind of certain traits and a founder.”
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More from Katherine Boyle
Insight
Boyle: There Is Far More Shame in Losing on Price Than Overpaying
“I'm always amazed at investors who mock other investors for paying up for companies, and I think there's far more shame in losing on price than winning on price, and no one really wants to say that”
Katherine BoyleOct 1, 2020▶ 29:0220VC: What Is Founder Narrative Fit and How to Detect and Invest In It, How To Avoid Consensus Thinking When Investing, Price Sensititivity; When To Pay Up vs Stay Disciplined & From New York Times To General Catalyst; Why Venture and Journalism are Not S
Opinion
Boyle: Corporate and Social Pressures Mirror Soviet-Era Censorship
“And we've seen sort of that current that was really in existence under the former Soviet Union move to what we call democratic countries. But instead of that being influenced from kind of the state, it's been influenced from companies and from other people and…”
Katherine BoyleOct 1, 2020▶ 34:0720VC: What Is Founder Narrative Fit and How to Detect and Invest In It, How To Avoid Consensus Thinking When Investing, Price Sensititivity; When To Pay Up vs Stay Disciplined & From New York Times To General Catalyst; Why Venture and Journalism are Not S
Insight
Boyle: Institutional Transparency Breeds Mistrust and Causes Legacy Institutions to Crumble
“Sort of this transparency that we were all looking forward to over the last decade to make things just much more elucidated to us, and I think what we're seeing is that actually that transparency breeds a lot of mistrust. These institutions only have their pow…”
Katherine BoyleOct 1, 2020▶ 36:1520VC: What Is Founder Narrative Fit and How to Detect and Invest In It, How To Avoid Consensus Thinking When Investing, Price Sensititivity; When To Pay Up vs Stay Disciplined & From New York Times To General Catalyst; Why Venture and Journalism are Not S
Insight
Boyle: Young VCs Are Highly Mimetic and Desperate for Peer Validation
“And to me, that was some of the most liberating advice that I had received, because this field is so mimetic, and so many young people start out their careers wanting to impress other investors, and they're desperate to get into the hot deals because other peo…”
Katherine BoyleOct 1, 2020▶ 13:5720VC: What Is Founder Narrative Fit and How to Detect and Invest In It, How To Avoid Consensus Thinking When Investing, Price Sensititivity; When To Pay Up vs Stay Disciplined & From New York Times To General Catalyst; Why Venture and Journalism are Not S
PredictionNot checkable as stated
Boyle: Every Successful Founder Will Face Intense Scrutiny Over Next Decade
“And I think the biggest thing that I'm predicting will happen in the next 10 years to founders is that if you plan on being a successful founder, you are going to have a target on your back. It doesn't matter whether you are building a defense company or wheth…”
Katherine BoyleOct 1, 2020▶ 24:1320VC: What Is Founder Narrative Fit and How to Detect and Invest In It, How To Avoid Consensus Thinking When Investing, Price Sensititivity; When To Pay Up vs Stay Disciplined & From New York Times To General Catalyst; Why Venture and Journalism are Not S
AssertionNot checkable as stated
Boyle: Global Trust in Legacy Institutions Is Steadily Declining
“The broader thesis that I have is that we are watching this incredible global decline of institutional trust, and it's not just media, it's the U.S. Government, it's Brexit, it's university education, the Catholic Church, it's any institution that used to hold…”
Katherine BoyleOct 1, 2020▶ 30:4220VC: What Is Founder Narrative Fit and How to Detect and Invest In It, How To Avoid Consensus Thinking When Investing, Price Sensititivity; When To Pay Up vs Stay Disciplined & From New York Times To General Catalyst; Why Venture and Journalism are Not S
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