Turck: Venture investing requires balancing deep sector expertise with deliberate naivety
Matt Turck · 20VC: Is Big Data Still A Thing with Matt Turck, Managing Director at FirstMark Capital · May 30, 2016 · at 24:47
Matt Turck, Managing Director at FirstMark Capital, discusses the mental tension investors face between recognizing startup failure risks and maintaining optimism.
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“There is a, this interesting tension between becoming a deep student of a specific industry like big data, internet of things, or any of those these different areas, and the industry in general, so really understanding all the nuances of how companies become successful, so all of that on the one hand, and the other hand, remaining deeply optimistic, and almost cultivating a little bit of a form of naivete, where you want to Think about not just all the potential obstacles when you meet a founder in a company, but also think about, you know, what this could look like if everything everything goes right.”
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