Founders Should Pitch 'Conquer-The-World' Ambition Over Downside Risk Mitigation
Scott Kupor · Scott Kupor - Andreessen Horowitz (First Meeting EP.07) · Sep 2, 2019 · at 1:03:26
Scott Kupor, Managing Partner at Andreessen Horowitz, discusses what founders should focus on when pitching venture capitalists.
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“The reality is, we achieve diversification through our portfolio. I don't need an individual entrepreneur to achieve diversification for us. It's great to know that there's somebody out there who might buy it, but, like, none of us is playing for that outcome, right? We're playing for the outcome of you being successful, and we recognize the reality is that the odds are probably not in your favor, just on a pure basis, and so I would much rather people tell us their conquer the world strategy than tell us their risk mitigation strategy. It's just not how we're incented from a business perspective.”
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