20VC: Why YC Is The Exact Opposite of Proprietary Deal Flow, Why Having No Follow On Dramatically Aligns Incentives & Why Founders Do Not Have To Be Passionate About Their Idea From The Start with Michael Ma, Founding Partner @ Liquid 2 Ventures
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Decision-Making
Liquid 2 Ventures employs a unique decision-making process that balances majority voting with individual conviction. explains that each partner has a "silver bullet" they can use once a year to push a deal through without needing consensus, promoting a culture where partners don't feel pressured to sell their ideas to others 1. This approach is particularly beneficial in fast-paced deep tech investments, where rapid learning and decision-making are crucial. Michael acknowledges the importance of leveraging networks and expertise, especially when venturing into unfamiliar industries 2.
It's a majority vote, plus everybody gets a silver bullet. So internally, nobody feels like they have to sell the deal.
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Team Structure
The team at Liquid 2 Ventures stands out due to its diverse and high-caliber composition. highlights the unique blend of expertise, including a PhD physicist, a Harvard MBA, and a Super Bowl champion, which allows them to offer varied perspectives and value to their portfolio companies 3. This diversity not only aids in decision-making but also enhances their fundraising capabilities. Despite the potential to scale, Michael expresses a preference for maintaining their micro VC status, as it allows for more personalized support to founders 4.
We have a PhD in physicist who worked at CERN, started one of the first databases of service companies.
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