Zeev: Deals requiring heavy due diligence are not obvious enough to back
Oren Zeev · 20VC: Oren Zeev on Why Diversification Is Overrated, The Downside of Thematic Investing, Making Quality Decisions In Uncertain Conditions & Why He Has No Reserves Allocation · Jun 29, 2020 · at 27:57
Oren Zeev, founder of Zeev Ventures, explains his minimalist approach to startup diligence to 20VC host Harry Stebbings.
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“Sometimes LPs ask me, how do you do diligence, and I tell them I don't, and I exaggerate a little bit, because sometimes I make a few phone calls, but I'm not exaggerating by much, and usually there is, like, silence. They've never heard it before, and then I explain what I explained before, that if I need to do a lot of diligence, it's probably not obvious enough”
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