Kanyi Maqubela, partner at Collaborative Fund, reflects on his experience dropping out of Stanford to enter the startup world.
0:00 / 0:14exact quote · 14.9s
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“Being a startup entrepreneur and being in the startup grind has an element of glamour to it, particularly for those who are college dropouts, and the reality honestly couldn't be further from it.”
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More from Kanyi Maqubela
Insight
Maqubela: GP commitments exclude talent and drive young VCs to risk aversion
“I think it's fundamentally excluding a lot of people who could otherwise be great VCs, because they either don't have the capital, or if they happened to, it's too much capital to allocate in one place, and thereby makes them risk averse.”
Kanyi MaqubelaDec 7, 2015▶ 14:4120 VC 094: Kanyi Maqubela @ Collaborative Fund on Rocketships, Feedback Loops and Turning Lemons Into Lemonade!
PredictionNot checkable as stated
Maqubela: Startup liquidity will increasingly come from debt, dividends, and crowdfunding
“Being a little bit more creative about getting to cash flows, and once you have said cash flows, thinking about options like debt, thinking about options like crowdfunding, options like dividends, are going to become much more common conversations, because the…”
Kanyi MaqubelaDec 7, 2015▶ 25:4420 VC 094: Kanyi Maqubela @ Collaborative Fund on Rocketships, Feedback Loops and Turning Lemons Into Lemonade!
Insight
Kanyi Maqubela: Startup culture wrongly celebrates failure instead of success
“It's not the failing itself that it should be celebrated, and I think it's wrongly celebrated. It's actually overcoming failure and ultimately succeeding that should be celebrated”
Kanyi MaqubelaDec 7, 2015▶ 7:0420 VC 094: Kanyi Maqubela @ Collaborative Fund on Rocketships, Feedback Loops and Turning Lemons Into Lemonade!
Insight
Maqubela: Lack of options often drives founders more than grand visions
“And so one of those things, too, that a lot of people often think about is that it's the actual purity of one's vision, and the And the real promise of this great dream of success that drives people when sometimes it could be, I don't really know what else I c…”
Kanyi MaqubelaDec 7, 2015▶ 7:3320 VC 094: Kanyi Maqubela @ Collaborative Fund on Rocketships, Feedback Loops and Turning Lemons Into Lemonade!
Opinion
Maqubela: VC theme specialization is primarily a time-efficiency tool
“I think that any theme being Fully candid is used as a way to be efficient with one's time.”
Kanyi MaqubelaDec 7, 2015▶ 11:1520 VC 094: Kanyi Maqubela @ Collaborative Fund on Rocketships, Feedback Loops and Turning Lemons Into Lemonade!
Opinion
Maqubela: Accelerator demo days are too late for first institutional rounds
“For our style and stage, so we like to be early, and we tend to be in a first institutional round, or even earlier than that, into a company. When we're meeting them, if we're meeting them for the first time at most of the demo days that one would go to, we're…”
Kanyi MaqubelaDec 7, 2015▶ 20:0620 VC 094: Kanyi Maqubela @ Collaborative Fund on Rocketships, Feedback Loops and Turning Lemons Into Lemonade!
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