Chapter
Evaluating Startups for Long-Term Success
1:12:44 - 1:21:56 (09:12)
When evaluating startups for long-term success, it is important to ask questions about the entrepreneur's mission and purpose for their business, as those with a clear purpose tend to have a long-term vision. It is also important to look for purpose-driven businesses rather than those solely focused on making money, as they tend to have a more galvanized team and a roadmap for long-term success.
Clips
The speaker discusses his experience working at Apple and Next, and why a career in management consulting was a better fit for him.
1:12:44 - 1:15:48 (03:04)
Summary
The speaker discusses his experience working at Apple and Next, and why a career in management consulting was a better fit for him. He explains that a narrow focus and a lack of variety in his work would have left him feeling unfulfilled, and that engineering management with an understanding of marketing was his end goal.
ChapterEvaluating Startups for Long-Term Success
Episode#317: Steve Jurvetson — The Midas Touch and Mind-Bending Futures
PodcastThe Tim Ferriss Show
The desire to seek something new may have been the driver of an investment in something never seen before.
1:15:49 - 1:18:41 (02:52)
Summary
The desire to seek something new may have been the driver of an investment in something never seen before. The speaker discusses evaluation and risk mitigation of deals in the embryonic stage and the scalability of companies due to small amounts of capital in venture capital.
ChapterEvaluating Startups for Long-Term Success
Episode#317: Steve Jurvetson — The Midas Touch and Mind-Bending Futures
PodcastThe Tim Ferriss Show
A few important questions investors must ask before investing in a business include the timeline for starting the business, the vision for the business, and the purpose behind starting the business.
1:18:41 - 1:21:56 (03:14)
Summary
A few important questions investors must ask before investing in a business include the timeline for starting the business, the vision for the business, and the purpose behind starting the business.