Successful entrepreneurs begin with the support of a few #earlybelievers. Gopi Rangan, founding partner at Sure Ventures, interviews venture capital investors in the Silicon Valley and beyond. Guests share insider stories on how they invest in early stage startups. Do you want to learn from real-life challenges, inspiring missions and important decisions by CEOs, founders, VCs, angels, and advisors? Listen to https://podcast.sure.ventures.
https://podcast.sure.ventures
episode 21: Decision analysis is a high-quality conversation leading to clarity of action
Clint Korver, co-founder and managing director of Ulu Ventures, talks about managing uncertainties in venture capital investments. He describes his Vulcan mind-meld market mapping session with examples of both successful and failed startups.
- Decision analysis process combines data and intuition to minimize cognitive biases and reduce risk
- Uncertainty is common in venture capital: only 2.5% of 4000 startups generate great returns
- VCs are biased. They ask male entrepreneurs about upside potential and women about downside risk mitigation.
- Non-profit: Grinnell College