HN Theater @HNTheaterMonth

One of his great talks at Stanford: “Target Big Markets” https://youtu.be/nKN-abRJMEw

⬐ joeblau

I loved watching this talk — After watching this I gained a new level of appreciation for the VC model they pioneered.

⬐ scapecast

If you then also listen to the episode on Acquired, it’s eye-opening on how he / sequoia decide on making investments.

⬐ joeblau

Just listened to it[1] twice; Thanks for the recommendation!

[1] - https://castro.fm/episode/bwHpe7

⬐ paul

This video is kind of long, but worth watching. He knows what he's doing.

⬐ brlewis

You only need a couple of good things

1. Exceptionally good at technology and engineering 2. Marketing - so you could understand what markets are out there. We (Sequoia) weren't interested in creating markets, but in exploiting markets early.

The art of storytelling is very important. Many entrepreneurs who come to us can't tell a story. The money flows as a function of the stories (24:45). Learn how to ask a question. Because you want to have a person comfortably telling you what he thinks is important so he can get help.

Only one metric matters in our world for a CFA: cash flow.

Lesson from worst investment: Technology always worked. What didn't work sometimes was the dynamics of the market.

(Stopped at 50:39; will finish later)

⬐ p01nd3xt3r

The interesting thing about this video is that he says "We dont invest in people we invest in markets". This statement is the antithesis of the PG / YC strategy of investing in people and not products / markets.

⬐ cal5k

He did state that their approach was by no means the only one. However, they have been remarkably successful at it...