Basu Trivedi: Startups requiring no immediate follow-up rarely become massive winners
Nikhil Basu Trivedi · Nikhil Basu Trivedi: Why 99% of AI Investments Will Go Bust | E1057 · 20VC with Harry Stebbings · Sep 6, 2023 · at 29:47
Nikhil Basu Trivedi, Co-Founder and General Partner at Footwork, shares his mental model for evaluating early-stage founder meetings and determining investment potential.
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“And I've gone back to try to study this, like, if I'm thinking about it that evening, if I'm reaching out to people to sort of suss it out better, and you know, I'm just researching on my own about it, you know, hours after the first meeting, there's something there that I should pay attention to. And conversely, if I haven't done anything about it, like, two days later, that's probably not a fit. And maybe it goes on to be really special, but I actually haven't had that many of those, where I didn't really think anything of it, I didn't Follow up on any interest in it after a couple days, and it turned out to be a massive company.”
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