Spearhead with Naval Ravikant and Babak Nivi: There’s Very Little Innovation in Venture Capital

Podcast Notes Key Takeaways Your brand as an angel investor must:Be clearBe authentic to who you areBe differentiatedResonate with entrepreneurs The worst thing you can do is to say something like, “I’m a good, passive, hands-off person. I won’t bother you, and I’m always available to help.” ^this is too genericHow can your brand help startups?Perhaps you have ins with computer science professors at major universities?Perhaps you have a deep understanding of the real estate industry?You can build software for startups (Like AngelList)“There’s still 5,10, 100 different things in the world of software for startups that haven’t been done. – Babak NiviYou can be an expert on raising money from international investors“There’s extremely little innovation in the venture capital business. It’s quite easy to stand out. You have to be willing to do something that other people haven’t done before. In other words, you have to be willing to take on accountability and risk being wrong.“ – Naval Ravikant

Read the full notes @ podcastnotes.org



Subscribe to the Spearhead with Naval Ravikant and Babak Nivi Podcast

You have to be willing to do something that hasn’t been done before.

• You can build a brand through your advisors and limited partners

• You can build software for startups

• You can buy common stock instead of preferred

Transcript: http://blog.spearhead.co/innovation