" if the idea does not provide skepticism between partners, it means the business model is not disruptive enough to challenge the status quo. " Very insightful, provoking thought.

" I am the student of business model, in fact, that is what I bring to the table. What I look for is the value proposition." Great quote

7:28 This was very insightful when he talks about his criteria he uses to decide whether or not to invest in a venture. He nailed the fact that companies that solve problems and create value are the ones that end up being very successful. Also like how earlier he mentioned that the best ventures tend to challenge the status quo and create skepticism. The disruptive ideas that change industries are usually met with skepticism (Uber, Airbnb, Beyond Meat)

@YahiyaJasem

4 жыл бұрын

great comment

@LeXx0r

3 жыл бұрын

@@YahiyaJasem I agree with your assessment, except when it comes to beyond meat. Vegan/vegetarian meat is a commodity with little to no barrier to entry and therefore no moat or protection from the competition. A lot of supermarkets already have their own private label vegan/vegetarian meat. Airbnb and uber benefit from economies of scale, a network effects, huge scalability, etc.

@ognyc9980

3 жыл бұрын

Uber "invented" taxis, and AirBnB "invented" hotels. Not really much of an improvement...but they did cause a whole hell of a lot of detrimental disruption to working people just trying to put food on their families (to quote Dubya): 1. Uber disrupted the transportation industry by making drivers earn less than minimum wage (www.chicagotribune.com/business/ct-biz-uber-driver-wages-20180518-story.html), 2. AirBnB has destroyed the hotel industry and made housing more expensive, basically having neighborhoods gentrified with tourists says FORBES MAGAZINE(!) (www.forbes.com/sites/garybarker/2020/02/21/the-airbnb-effect-on-housing-and-rent/?sh=45b1a9dd2226)... 3. Beyond Meat is pretty cool and is addressing a real need to move away from environment destroying cattle farming.

Professor Henning asked brilliant questions. Its interviewer's job to get the most important information out of the interviewee.

Amazing video, thank you!

so good it makes it too short

This was fascinating. I will likely copy at least some of Mr. Komisar's principles and criteria for investments when I begin making investments in companies.

Quite interesting!

Great interview Randy is really a good investor and the decision process is proper

Thanks a lot. Very interesting interview.

Liked that a lot.

When did foucault become a VC?

This is Gold right here 💯

should look for people who share my value and who i believe i can make a positive and constructive contribution to their own development as leaders and as entrepreneurs so you need to find that chemistry with the founding team 1 big problems 2 people who i share values with and who i believe in 3a proposition where i can create significant value and hopefully develop a business model around that

Amazing

Lovely, what he gets in his email he passes to someone else- great business model, I am filled with confidence in his commitment, got to love the Steve Jobs look though, lovely

@jjfoster1133

3 жыл бұрын

Only inbound requests for meetings and reviews of pitchdecks, which is a firehose for guys like this. He probably has a completely separate inbox and phone number set up for companies he is partnered with through investmnt

Foucault's not dead!

Shared values are important to me because I believe they provide a foundation to build trust.

Great interviewer

#excellence #vc #funding #startups Thank you

one fo the last interviews of steve jobs in 2011.

@neutralasswitz3192

2 күн бұрын

?

Steve Jobs pair of round-frame glasses, jean, black shirt & sneakers hahahhahhahaahh

VC are sort structure, company which are not in less development countries..

You're right Teebest and he gestures and almost mimic the sounds and tonalities of the other Steve, Steve Wozniak hahaha. Interesting.

All facts..........

6yrs later. Does this strategy of getting VC work?

👍

Michel Foucault really sold out :P

Steve Jobs vibe.

Yeh but you’re not going to lose money because you value or resonate with a project

Process venture capitalists actually use when not giving keynotes: 1) call my friends, 2) see what my friend's kids are doing, 3) look at what other VCs are doing, 4) throw money at what other VCs have already funded, even though the business is probably crap, 5) only talk to people who went to a vanishingly small number of select schools and ignore everyone else because if their parents didn't have the decency to send them to the most expensive school, I probably don't want to know them, 6) call my friends, 7) repeat.

@keyser1989

Жыл бұрын

You sound like some VC rejected you. But what you said is true to some extent.

Damn! Steve Jobs got old

P

is randy a clone of seth godin

This is all bullshit, lots of biases can seep in due to such decision processes