Mark Suster’s interview on TechCrunch about a time when he believed his own hype and paid the price got me thinking. Lots of investors I talk to have an opinion about the characteristics of successful founders, and which entrepreneurs angels should seek to invest in. A few, point out that there are a number of founders who’ve gotten money probably shouldn’t have, and consequently they have an inflated sense of themselves and their companies (you know who you are). However, across the board some similarities of fundable ‘treps do emerge. Angels look for humble teams who are always learning, work harder than others, have strength of conviction and a relentless, fearless, grind-it-out mentality, and believe they are “unstoppable.”
Humility is hard won, quickly forgotten and easier said than done.
Stay humble and ‘trep on.