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Spearhead

By Naval

Naval on angel investing. David Sacks on scaling. On Twitter at @spearhead.

  1. 1.
    Rapidly Growing Valuations Shouldn’t Scare You Off06/29/2020
    0:52
  2. 2.
    Reading Social Proof Is an Art Form06/26/2020
    1:59
  3. 3.
    Social Proof Is a Valid Signal06/22/2020
    1:29
  4. 4.
    Ask About the Metrics They’re Not Showing You06/17/2020
    1:05
  5. 5.
    It’s Easy to Exaggerate Early Traction06/16/2020
    1:39
  6. 6.
    Everything Is a Proxy for Traction06/12/2020
    2:06
  7. 7.
    Early Winners Don’t Always Make It to the Finish Line06/10/2020
    1:13
  8. 8.
    Invest in the First Credible Mover06/08/2020
    1:16
  1. 9.
    Monopolies Fall When Platforms Shift06/05/2020
    2:13
  2. 10.
    A Lot of Great Tech Businesses Are Natural Monopolies06/03/2020
    1:26
  3. 11.
    Great Companies Expand Their Markets06/02/2020
    1:04
  4. 12.
    Invest in $0 Billion Companies05/29/2020
    1:33
  5. 13.
    Invest in Pure Tech Companies05/27/2020
    1:06
  6. 14.
    Raising Money Without Any Product Is a Red Flag05/25/2020
    1:35
  7. 15.
    Product Is the Resume of the Team05/22/2020
    1:51
  8. 16.
    Expanding Fast vs. Dialing in the Model05/19/2020
    2:09
  9. 17.
    In PayPal’s Early Days, We Lost Money on Every Transaction05/15/2020
    1:03
  10. 18.
    Get the Operation Working at a Small Scale05/13/2020
    2:07
  11. 19.
    ‘Tech-Enabled’ Often Means Thin Margins05/11/2020
    0:51
  12. 20.
    Startups Didn’t Have to be Good at Accounting Until Software Ate the World05/08/2020
    1:57
  13. 21.
    You Can’t Optimize Profits If There Are No Profits to Optimize05/06/2020
    1:41
  14. 22.
    Negative Unit Economics Create the Illusion of Success05/04/2020
    1:57
  15. 23.
    Startups Are Susceptible to ‘Happy Talk’05/01/2020
    1:07
  16. 24.
    Mature Your Culture as You Grow04/30/2020
    1:20
  17. 25.
    Nobody Wants to Give a Founder Tough Love04/23/2020
    1:11
  18. 26.
    Founder Psychology Is at the Heart of Most Blitzfails04/22/2020
    2:02
  19. 27.
    Culture Is a Macrocosm of the Founder’s Psychology04/21/2020
    1:55
  20. 28.
    Micro-Bubbles Are Constantly Building and Bursting04/20/2020
    1:18
  21. 29.
    ‘High-Burn Startup Meets Macro-Shock’ Is a Recipe for Blitzfail04/17/2020
    1:51
  22. 30.
    Moving Fast May Mean You're Not Really Moving at All04/16/2020
    1:07
  23. 31.
    Startups Are a Race to Get to Scale04/15/2020
    1:48
  24. 32.
    Blitzfail: Why Startups Go off the Rails04/14/2020
    1:46
  25. 33.
    Repeat Founders Don’t Really Want to Start Over From Scratch04/13/2020
    2:44
  26. 34.
    ‘First-Time Founders’ Often Have Been Tinkering for Quite a While04/09/2020
    1:48
  27. 35.
    Avoid Teams That Would Sell Early04/08/2020
    1:22
  28. 36.
    Founders Almost Can’t Be Referenced04/07/2020
    2:13
  29. 37.
    Your Reputation Is Built by the Companies That Are Doing Poorly04/06/2020
    0:52
  30. 38.
    Coachability Is Overrated04/02/2020
    0:31
  31. 39.
    You’re Not Investing in Nice People04/01/2020
    2:39
  32. 40.
    Invest Only in Technical Teams03/31/2020
    1:58
  33. 41.
    Invest in the Smartest Scientists in a New Field03/30/2020
    2:28
  34. 42.
    Don’t Fantasize About What You Would Do If You Were the Founder03/25/2020
    1:08
  35. 43.
    You’ll Get Less Money in Your Winners03/23/2020
    2:06
  36. 44.
    You Can Give Every Deal One Fatal Flaw03/11/2020
    1:46
  37. 45.
    The Best Deals Look Weird03/09/2020
    2:30
  38. 46.
    Judgment Requires a Willingness to Be Unpopular03/06/2020
    1:32
  39. 47.
    Are Good Investors Piling in the Round with You?03/04/2020
    1:48
  40. 48.
    Pivots Mean Your People Judgment Really Matters03/02/2020
    2:36
  41. 49.
    Judgment Is the Work You Do Before a Deal Arrives02/27/2020
    1:36
  42. 50.
    Judgment Gives You the Winning Lottery Numbers02/25/2020
    2:18
  43. 51.
    Everybody Thinks They Have Good Judgment02/20/2020
    1:43
  44. 52.
    Founders Backing Founders11/11/2019
    2:16
  45. 53.
    Be Non-Consensus Right11/04/2019
    1:58
  46. 54.
    Be a Shadow Co-Founder10/28/2019
    2:27
  47. 55.
    The Best Deals Come from Your Network10/19/2019
    1:15
  48. 56.
    Don’t Build a Brand in a Narrow Vertical10/14/2019
    1:44
  49. 57.
    My Original Brand Was in Growth Hacking10/09/2019
    2:21
  50. 58.
    There’s Very Little Innovation in Venture Capital10/07/2019
    2:40
  51. 59.
    You Can’t Build a Brand by Aping Someone Else10/04/2019
    2:20
  52. 60.
    You Need a Brand to Get into Hot Deals10/02/2019
    2:24
  53. 61.
    Don’t Let Deals Pass on You09/30/2019
    2:28
  54. 62.
    Investing Takes Capital, Judgment and Dealflow09/26/2019
    3:23
  55. 63.
    Being a Founder Your Entire Life Is a Tough Road09/24/2019
    2:56
  56. 64.
    IPOs Are for the Last Investors in Line09/19/2019
    3:05
  57. 65.
    You're Living Inside the Gold Mine09/18/2019
    2:52
  58. 66.
    Living in a Tech Hub Is Half the Battle09/16/2019
    4:47
  59. 67.
    Strong Opinions, Loosely Held09/12/2019
    1:57
  60. 68.
    How to Angel Invest09/09/2019
    1:57

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