UPCOMING NEWS
rss
0
vote
What's Your Founder Superpower?
Genuine VC Genuine VC
(+ Subscribe) Posted on: Friday, February 11 2011 07:04 AM
 

If you ask any VC what they look for in an investment opportunity, they’ll tell you that the people are at the top of their list. Extraordinary companies can’t be built without extraordinary entrepreneurs, especially at the earliest stages. I’d argue that successful founders must actually possess real a superpower to make the nearly impossible task of getting a startup off the ground become a reality. But just like various superheroes have different superpowers, so do entrepreneurs – but all of them give them the ability to perform superhuman tasks. It’s quite often that I’ve remarked about a founder’s exceptional ability in one area, and I thought it’s worth noting a few of them in an initial list of “Founder Superpowers”:

• Seeing the Future (Precognition). Some founders, most typically those who have been working in a specific industry for a number of years, possess an uncanny ability to envision the future. They’ve watched a marketplace unfold for a decade or more, and because of this intimate knowledge, they’re able to position a new startup exactly as it should fit to capitalize on an emerging opportunity. Outside observers may comprehend or logically agree with this founder’s perspective, but he or she has a true unwavering conviction about the opportunity, as their superpower allows them to know how events will unfold so that their company can benefit exactly from what’s coming. It’s these entrepreneurs who have a steadfast vision from the beginning, stick to it... and turn out to be right.
• Heat-Seeking (Enhanced Senses). Just like missiles, some entrepreneurs follow heat. These founders surely have a degree of gut feel about how the future will unfold, but more importantly they’re in tune to be flexible to changing market conditions, feedback from customers, and reactions from competitors. When starting a company, these entrepreneurs don’t know exactly where it’s going, but they posses the astonishing ability to find the right initial spark and evolve the company over time in following the most lucrative path. Especially in a fast-changing marketplace, these heat-seeking entrepreneurs thrive.
• Walking through Walls (Teleportation). Some entrepreneurs are so persistent and so relentless that mere facts about the reality of obstacles they’re facing don’t get in the way. Period. They have the ability to literally transport themselves to the other side of problem walls, and then do it again and again. An observer looks back and wonders in disbelief how he got from one place to another, but he did.
• Super-speed (Speed). There are a set of founders who simply can go faster than anyone else, including their competitors. Usually you’ll receive 3am emails from these people, as they always seem to be working. They just get things done faster than it seems like is humanly possible, and it shows.
• Spontaneous creation (Animation). Some people have the aptitude to literally create something out of nothing. With extremely few resources, these scrappy founders are able to cobble together product, customers, and partnerships out of merely thin air. They can bring a company to life almost magically and with little investment, which is a testament to what they can and will achieve with additional resources.
• [I see this post as a live work-in-progress, as am curious to hear other’s suggestions on other founder superpowers…]

Just like the voluminous number of superheroes and corresponding superpowers in the comics, there are probably dozens of other superpowers that exceptional entrepreneurs employ. In fact, in looking at entrepreneurs in our own portfolio which have been successful, it’s not difficult to indentify at least one remarkable ability which each of them had. And because of that fact, pinpointing an entrepreneur’s one truly stand-out quality is a great litmus test for potential early stage investors to use as a screen when selecting among dozens of projects. So to prospective founders I ask: what’s your founding superpower?

 
Comments   +Clip/Blog   Bury  
 
0
vote
Bali governor warns of possible attack: US Embassy
The Sydney Morning Herald World Headlines The Sydney Morning Herald World Headlines
(+ Subscribe) Posted on: Friday, December 31 2010 12:36 AM
 
The US Embassy is warning of a possible terrorist attack on Indonesia's Bali island on New Year's Eve.
 
Comments   +Clip/Blog   Bury  
 
0
vote
Bali governor warns of possible attack: US Embassy
The Sydney Morning Herald World Headlines The Sydney Morning Herald World Headlines
(+ Subscribe) Posted on: Friday, December 31 2010 12:36 AM
 
The US Embassy is warning of a possible terrorist attack on Indonesia's Bali island on New Year's Eve.
 
Comments   +Clip/Blog   Bury  
 
0
vote
Bali governor warns of possible attack: US Embassy
The Sydney Morning Herald World Headlines The Sydney Morning Herald World Headlines
(+ Subscribe) Posted on: Friday, December 31 2010 12:36 AM
 
The US Embassy is warning of a possible terrorist attack on Indonesia's Bali island on New Year's Eve.
 
Comments   +Clip/Blog   Bury  
 
0
vote
Bali governor warns of possible attack: US Embassy
The Sydney Morning Herald World Headlines The Sydney Morning Herald World Headlines
(+ Subscribe) Posted on: Friday, December 31 2010 12:36 AM
 
The US Embassy is warning of a possible terrorist attack on Indonesia's Bali island on New Year's Eve.
 
Comments   +Clip/Blog   Bury  
 
0
vote
Bali governor warns of possible attack: US Embassy
The Sydney Morning Herald World Headlines The Sydney Morning Herald World Headlines
(+ Subscribe) Posted on: Friday, December 31 2010 12:36 AM
 
The US Embassy is warning of a possible terrorist attack on Indonesia's Bali island on New Year's Eve.
 
Comments   +Clip/Blog   Bury  
 
0
vote
Bali governor warns of possible attack: US Embassy
The Sydney Morning Herald World Headlines The Sydney Morning Herald World Headlines
(+ Subscribe) Posted on: Friday, December 31 2010 12:36 AM
 
The US Embassy is warning of a possible terrorist attack on Indonesia's Bali island on New Year's Eve.
 
Comments   +Clip/Blog   Bury  
 
0
vote
Bali governor warns of possible attack: US Embassy
The Sydney Morning Herald World Headlines The Sydney Morning Herald World Headlines
(+ Subscribe) Posted on: Friday, December 31 2010 12:36 AM
 
The US Embassy is warning of a possible terrorist attack on Indonesia's Bali island on New Year's Eve.
 
Comments   +Clip/Blog   Bury  
 
0
vote
Bali governor warns of possible attack: US Embassy
The Sydney Morning Herald World Headlines The Sydney Morning Herald World Headlines
(+ Subscribe) Posted on: Friday, December 31 2010 12:36 AM
 
The US Embassy is warning of a possible terrorist attack on Indonesia's Bali island on New Year's Eve.
 
Comments   +Clip/Blog   Bury  
 
0
vote
Barak's office angry over 'settlement' timing
The Sydney Morning Herald World Headlines The Sydney Morning Herald World Headlines
(+ Subscribe) Posted on: Wednesday, March 10 2010 08:00 AM
 
JERUSALEM: Israel's Defence Ministry has denounced an announcement that 1600 new settler homes would be built in East Jerusalem, made hours after the US Vice-President, Joe Biden, vowed unyielding support for Israel's security.
 
Comments   +Clip/Blog   Bury  
 
0
vote
Tickle-tattle rocks Washington
The Sydney Morning Herald World Headlines The Sydney Morning Herald World Headlines
(+ Subscribe) Posted on: Wednesday, March 10 2010 08:00 AM
 
WASHINGTON: It is a terrifying image transfixing Washington: President Barack Obama's bruising enforcer, Rahm Emanuel, naked in a communal shower, berating a congressman over perceived political cowardice.
 
Comments   +Clip/Blog   Bury  
 
0
vote
Bali bomber led new terrorist gang
The Sydney Morning Herald World Headlines The Sydney Morning Herald World Headlines
(+ Subscribe) Posted on: Wednesday, March 10 2010 08:00 AM
 
INDONESIAN authorities are in hot pursuit of Umar Patek, the last alumnus of the Bali bombing terrorist cell who remains at large after the death this week of his accomplice Dulmatin.
 
Comments   +Clip/Blog   Bury  
 
0
vote
Belfast MPs agree on key transfer of powers
The Sydney Morning Herald World Headlines The Sydney Morning Herald World Headlines
(+ Subscribe) Posted on: Wednesday, March 10 2010 08:00 AM
 
BELFAST: Northern Ireland's MPs have approved a landmark deal transferring crucial powers from London to Belfast, with the British Prime Minister, Gordon Brown, hailing the agreement as the ''final end'' to decades of conflict.
 
Comments   +Clip/Blog   Bury  
 
0
vote
Indian bill reserves third of legislative seats for women
The Sydney Morning Herald World Headlines The Sydney Morning Herald World Headlines
(+ Subscribe) Posted on: Wednesday, March 10 2010 08:00 AM
 
NEW DELHI: Indian MPs have approved a historic bill that sets aside one-third of all legislative seats for women.
 
Comments   +Clip/Blog   Bury  
 
0
vote
US kept us in the dark on torture: spy chief
The Sydney Morning Herald World Headlines The Sydney Morning Herald World Headlines
(+ Subscribe) Posted on: Wednesday, March 10 2010 08:00 AM
 
LONDON: US intelligence agencies misled allies, including Britain, about US mistreatment of suspected terrorists, the former head of MI5 has said.
 
Comments   +Clip/Blog   Bury  
 
rss

CATEGORY LIST

RECOMMENDED FEED
    Gizmodo Gizmodo
    Gizmodo, the gadget guide. So much in love with shiny new toys, it's unnatural.