What angels and VCs are most welcoming of a startup founder with eccentricity similar to that of Steve Jobs?
-
Steve Jobs clearly has an extreme sense of personal morality that is very different in that he believes it's okay for him to do whatever if necessary to create his art (i.e. a great product). His type of morality is extreme enough that I would expect it to elicit aversion from investors as it is a source of risk (both good and bad). Having watched many interviews of startup founders, I have yet to see someone else that seems like they may also be a "hero shit-head rollercoaster" like Steve Jobs. Do we not see more Steve Jobs like founders because they are rare or because most investors are averse to this kind of risk because they don't understand it? ref: 1) http://www.ribbonfarm.com/2009/11/21/morality-compassion-and-the-sociopath/ 2) http://bhorowitz.com/2010/04/28/why-we-prefer-founding-ceos/
-
Answer:
I am curious about this too. My guess is 'both': VCs seem to become good at pattern recognition and learn several founder personality patterns that they trust. Not a bad idea... if a formula works with known risk profiles, and those returns are all you want, then you should stick to it. Investors will be averse to Jobs-like unusual profiles BECAUSE they are so rare that they don't become recognizable success patterns. Jobs is a black swan, so you can't blame investors for not knowing how to manage that type of risk. Circular argument I know, but if the "Jobs personality" were more common, and reliably correlated to success, somebody would have spotted the pattern and built an investment thesis around "jerk founders" by now. Venkat
Venkatesh Rao at Quora Visit the source
Related Q & A:
- What TV show on real-life mysteries mentioned a child time-traveller in a photo of the Gettysburg Address?Best solution by Movies & TV
- What's the worst thing you've seen a player do on a rugby field?Best solution by Yahoo! Answers
- What is there to do in Paris for a couple of days on a limited budget.?Best solution by Yahoo! Answers
- What do I have to do to become a reporter or a journalist?Best solution by Yahoo! Answers
- Is there a U.S. undergraduate degree similar to Cambridge's Natural Sciences?Best solution by cgs.pitt.edu
Just Added Q & A:
- How many active mobile subscribers are there in China?Best solution by Quora
- How to find the right vacation?Best solution by bookit.com
- How To Make Your Own Primer?Best solution by thekrazycouponlady.com
- How do you get the domain & range?Best solution by ChaCha
- How do you open pop up blockers?Best solution by Yahoo! Answers
For every problem there is a solution! Proved by Solucija.
-
Got an issue and looking for advice?
-
Ask Solucija to search every corner of the Web for help.
-
Get workable solutions and helpful tips in a moment.
Just ask Solucija about an issue you face and immediately get a list of ready solutions, answers and tips from other Internet users. We always provide the most suitable and complete answer to your question at the top, along with a few good alternatives below.