Wow, Jeff is spot on here. Straight to the heart of the matter.
April 29, 2008
What I look for in Startups
During the past ten years, what I look for in a startup has changed.
These days I no longer actively look for an opportunity to participate in the “A” round or “B” round of a startup, although I still do that from time to time. My recent investments in both Seesmic and twitter are a reflection of this.
During the past couple of years, my core focus has shifted from making investments in companies and their mission to making investments in people and their vision. And I focus on what I consider “early-early stage” opportunities.