What Type Of Person Thrives In The Venture Capital Industry According To A Partner At Morado Ventures LLC
Morado Ventures LLC Partner Henry highlights strong relationship-building skills as crucial for success, stating that "it's a small world". Beyond networking, deep industry expertise from prior operating roles and a curious, adaptable mindset, combined with a vision for future technological evolution, provide a significant advantage in venture capital.
Networking, Industry Expertise, Curiosity, Visionary Thinking, Relationship Building
Advizer Information
Name
Job Title
Company
Undergrad
Grad Programs
Majors
Industries
Job Functions
Traits
Henry Sohn
Partner
Morado Ventures LLC
UC Berkeley
n/a
Anthropology, Sociology
Finance (Banking, Fintech, Investing), Technology
Finance
Disabled, Immigrant
Video Highlights
1. Strong relationship-building skills are crucial for networking and meeting people who may present investment opportunities.
2. Deep expertise in a specific industry, ideally gained through prior operational roles, provides valuable insight and understanding of the market.
3. A curious mindset and willingness to adapt to changes are vital, along with a forward-thinking vision of future technological advancements and their impact on various sectors
Transcript
How would you describe people who typically thrive in this industry?
I think it's important to be good at building relationships. It's a small world, and you never know who might come to you later with an idea, or connect you to someone who has a great idea and is starting a company. Simply being comfortable meeting people, building relationships, and networking is a valuable skill.
I've seen people with deep expertise in specific areas, like healthcare or climate change. They deeply understand their industries and have worked in operating roles at companies, gaining direct experience. This allows them to understand the companies and players in the space, how they operate, and what motivates them.
I believe these individuals are good at investing because they clearly understand the problem set. People who are consistently curious are also important. You need that curiosity to learn and not assume that past knowledge will always apply in the future.
It's essential to be willing to question assumptions and relearn things you thought you already knew. Finally, people with a sense of vision or an idea of how the world will evolve tend to have an edge. While predicting the future is difficult for most, having a sense of how the world will evolve over the next five to ten years is beneficial. Understanding the technological and business needs to achieve that evolution also gives these individuals an advantage.