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Vision and Wedge
Patrick emphasizes the importance of a $10 billion plus vision and a business wedge to succeed in venture capital. He stresses the challenge of finding a business with both elements and partnering with top talent to achieve success.
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In this clip
Patrick Chun
From this podcast
Venture Unlocked: The playbook for venture capital managers
Patrick Chun at Juxtapose: How company creation models and studios work in VC, the squint and wedge framework of investing, and raising from blue-chip institutions
Related Questions
How do you determine product-market fit in the context of the episode Strategy Session: When to replace the founder, how to be a learn-it-all, when to take the "venture bet," w/questions from Endeavor Outliers and co-host Bob Safian, editor-at-large and the clip Scaling Strategies?