Agree with Miles Grimshaw’s and Sequoia Doug Leone’s point about the importance of terminology, such as to “partner” with a founder. Similar is the Buffett point to think of being a “partner” in a business when you buy a stock, with the point being that frames as an “owner” such that you really look at the quality and opportunity of the business now and potential over the long-term.
Very thought full and interesting to listen for someone who is just starting out in venture. Thanks for recording it!👏
1:16:00 🤯 wow this notion of an SLA for accounting and other work is really fascinating
Agree with Miles Grimshaw’s and Sequoia Doug Leone’s point about the importance of terminology, such as to “partner” with a founder. Similar is the Buffett point to think of being a “partner” in a business when you buy a stock, with the point being that frames as an “owner” such that you really look at the quality and opportunity of the business now and potential over the long-term.
First ;)