Angel investor and entrepreneur Hiten Shah shares insights on operational scale and investment dynamics in venture capital on The 20 VC.
0:00 / 0:23exact quote · 23.0s
720p mp4 · rendered on demand · StarZero watermark
“I feel like investing is something that you have to be pretty dedicated to in order to do an amazing job at it beyond like pre-seed or seed rounds. The reason for that is it is a numbers game. You are basically writing enough checks so that some of them work out, and you essentially expect some form of a failure rate, some amount of a failure rate, and it tends to be pretty high, and you make the best decision you can.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
(the analysis reads context, assessments check outside sources). how →
More from Hiten Shah
Insight
Hiten Shah: Nobody in tech actually knows what they are doing
“I think the number one lesson there was basically nobody knows what they're doing. And that's not just them. That's also me. And I've also met with many investors and many other folks, even folks that worked at companies and nobody really knows what they're do…”
Hiten ShahAug 9, 2019▶ 6:1120VC: Hiten Shah on The Right Way To Think About Depression, Control and Burnout, Why Nobody Really Knows What They Are Doing and How One Should Receive Advice As A Result & How To Gain Self-Awareness As A Leader
Insight
Hiten Shah: Startup founders want encouragement, not tactical advice
“One key thing though, that after a lot of reflection, a lot of time that I realized is that most people, they just want encouragement. They don't really want advice.”
Hiten ShahAug 9, 2019▶ 7:0320VC: Hiten Shah on The Right Way To Think About Depression, Control and Burnout, Why Nobody Really Knows What They Are Doing and How One Should Receive Advice As A Result & How To Gain Self-Awareness As A Leader
Opinion
Hiten Shah: Expansion strategy matters far more than initial market size
“Markets are all pretty big now, and I don't really care about market size as much as if this business has a natural path or some, not even natural, but the founders and the team are thinking about how it expands over time and where they see it going. I feel li…”
Hiten ShahAug 9, 2019▶ 23:3920VC: Hiten Shah on The Right Way To Think About Depression, Control and Burnout, Why Nobody Really Knows What They Are Doing and How One Should Receive Advice As A Result & How To Gain Self-Awareness As A Leader
Insight
Hiten Shah: Burnout stems from attempting to control uncontrollable factors
“Depression or burnout or whatever other folks would call it is really a result of stress and unrecognized stress based on me trying to get control of things I cannot control. And that's the fundamental thing that really burns me out is when I'm trying to get c…”
Hiten ShahAug 9, 2019▶ 35:2520VC: Hiten Shah on The Right Way To Think About Depression, Control and Burnout, Why Nobody Really Knows What They Are Doing and How One Should Receive Advice As A Result & How To Gain Self-Awareness As A Leader
Insight
Hiten Shah: Founders who don't need venture capital shouldn't raise it
“If you don't have to raise money, don't raise money.”
Hiten ShahMar 4, 2016▶ 6:2720VC FF: Hiten Shah on VC Funded vs Bootstrapped Businesses and How He Decides Which Startups To Advise
Disclosure
Hiten Shah asks prospective hires about their earliest traumatic memory
“I do that even with team members, you know, especially early team members at a company”
Hiten ShahMar 4, 2016▶ 11:3020VC FF: Hiten Shah on VC Funded vs Bootstrapped Businesses and How He Decides Which Startups To Advise
Made with StarZero
Turn any episode into a week of clips.
This entire site, over 1,200 episodes transcribed, diarized, checked and made playable,
runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the
moments worth sharing, cuts them, captions them, and reframes them for every feed.
We use essential cookies to make the site work. With your permission we
also use analytics cookies (Google Analytics and Mixpanel) to understand
usage and improve StarZero. See our Cookie Policy.