Driving huge venture returns requires leaps of faith without supporting data
Sumit Gajri · 20VC: Portfolio Construction, Optimising SPVs, Opportunity Investing "Between Rounds", Being Distribution-Centric Over Product-Centric and Capital Concentration Within Funds With Sumeet Gajri, Chief Strategy Officer @ Carta · Jan 17, 2020 · at 50:48
Sumeet Gajri, Chief Strategy Officer at Carta and Managing Partner at Original Capital, discusses key lessons on venture investing inspired by Peter Thiel's Zero to One and Howard Marks' memos.
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“A lot of these non-consensus outcomes which drive huge returns do require an aspect of courage or the ability to take a leap of faith where, you know, oftentimes data may not support your decision at all.”
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