Startup Investing
topic on 5 shows · 9 statements across 8 episodes
the Y Combinator Startup Podcast 
My First Million 
the Neon Show 
20VC 
David Senra
9 statements about Startup Investing, every show
Altman: Managing research is the closest thing to startup investing
“So I used to be a startup investor, and the thing in my career that I have found closest to startup investing is managing a research program.”
Gil: 90% of the time, startup success depends on one core variable
“I think 90% of the time plus it's, it boils down To have one area of belief or maybe one thing that you just need to see happen in the business to believe that everything else will fall into place.”
Puri: Startup investing means chasing 20 breakouts, then waiting 10 years
“The startup game is a, the startup investing game is a, Chasing and waiting game, which is a very strange combo. You're trying to chase to find these one of these breakouts that are going to become the one of the 20 companies that mattered this year, not the 2…”
Shaan Puri: Reputation compounds much faster in startup investing than public stocks
“Compounding also comes into play here in a way that doesn't happen in the stock market. And doesn't even really happen in real estate. Real estate has it to an extent, but not in the same way as how fast your reputation can compound in startup investing.”
Startup investing is a lottery budget, not a public market replacement
“But I think it's not a replacement for public market and FB or mutual funds. I don't think that's the right way to think about it. You should take some bets, but I think it's a lottery budget.”
Shaan Puri: My startup investing scaled from $200K to $4M annually
“And now we're doing four million dollars a year of startup investing. You know, that's up. I was doing probably, I don't know, 200,000 dollars a year before that.”
Jeff Morris Jr.: Startup investing is addictive like getting a tattoo
“I think investing is kind of like getting a tattoo. It's like you get one investment and you just want more.”
Altman: Startup investing resembles addictive slot machines with rare 1000x returns
“Most of the time you lose one extra money, but occasionally you do get to make a hundred or a thousand X, and that for the same reason slot machines are so satisfying, is incredibly addictive.”