" 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.
@baanhtruong9343 жыл бұрын
" 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
@btw-30064 жыл бұрын
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)
@YahiyaJasem4 жыл бұрын
great comment
@LeXx0r3 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.
@ognyc99803 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.
@Random.Thoughts214 жыл бұрын
Professor Henning asked brilliant questions. Its interviewer's job to get the most important information out of the interviewee.
@mentorman62854 жыл бұрын
Great interview Randy is really a good investor and the decision process is proper
@dominicisthe13 жыл бұрын
When did foucault become a VC?
@BizInTheFrontPartyInTheBack4 жыл бұрын
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.
@YJZ19975 жыл бұрын
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
@oliverpecha5 жыл бұрын
so good it makes it too short
@orca21623 жыл бұрын
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
@jjfoster11333 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
@livingroom7143 жыл бұрын
one fo the last interviews of steve jobs in 2011.
@neutralasswitz31922 ай бұрын
?
@brians.3891 Жыл бұрын
Shared values are important to me because I believe they provide a foundation to build trust.
@charles-edouardderothschil99237 жыл бұрын
Quite interesting!
@meticbrands11 ай бұрын
This is Gold right here 💯
@AbdJiA3 жыл бұрын
Steve Jobs pair of round-frame glasses, jean, black shirt & sneakers hahahhahhahaahh
@bonasavoir17454 жыл бұрын
Foucault's not dead!
@tender90125 жыл бұрын
Liked that a lot.
@tonyyee70405 жыл бұрын
Great interviewer
@JoseGGonzalez6 жыл бұрын
#excellence #vc #funding #startups Thank you
@garrettgreen2423 жыл бұрын
Amazing video, thank you!
@franklynunitone30885 жыл бұрын
Thanks a lot. Very interesting interview.
@ru-shed Жыл бұрын
6yrs later. Does this strategy of getting VC work?
@sewandomkuchu24314 жыл бұрын
VC are sort structure, company which are not in less development countries..
@danielsaraolu53433 жыл бұрын
You're right Teebest and he gestures and almost mimic the sounds and tonalities of the other Steve, Steve Wozniak hahaha. Interesting.
@CMacUF2 жыл бұрын
Amazing
@avelizosorio3 жыл бұрын
Michel Foucault really sold out :P
@aromaljv18273 жыл бұрын
All facts..........
@indigo5762 жыл бұрын
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.
@keyser19892 жыл бұрын
You sound like some VC rejected you. But what you said is true to some extent.
@jennibock14 жыл бұрын
Yeh but you’re not going to lose money because you value or resonate with a project
@loakan82002 жыл бұрын
👍
@Daniel-xz5ls3 жыл бұрын
Steve Jobs vibe.
@akeljounesakel400112 күн бұрын
Not allowing personal investment when you feel this might be a great opportunity has nothing to do with the company..
@SHINeeKeyofLucifer3 жыл бұрын
Damn! Steve Jobs got old
@first-du3xq3 жыл бұрын
is randy a clone of seth godin
@lukemontone50554 жыл бұрын
P
@unlockwithjsr2 жыл бұрын
This is all bullshit, lots of biases can seep in due to such decision processes