Great Founders Prioritize Mission Over Short-Term Financial Logic
Steve Jurvetson · 20VC: Steve Jurvetson on 20 Years of Friendship with Elon Musk, How To Analyse Market Timing, Why Venture Does Not Scale & Why He Has Never Sold A Share in Any Company He Holds · Aug 3, 2020 · at 11:24
Steve Jurvetson, co-founder of Future Ventures, discusses founder psychology and why VCs target missionaries rather than mercenaries.
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“You want someone who's so deeply tied to their mission that they don't think about sort of the common logic of what's the best financial decision in the moment. And so that's why we look for that personality type in founders, because it correlates to this exact thing, all they'll keep flipping.”
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