TLDR:
- Celebrity VCs are on the rise, with impressive track records in the industry.
- Top 20 VCs generate majority of industry’s returns, investing in unicorns.
4 Lessons For Entrepreneurs In The New World Of Celebrity VCs
The article discusses the growing trend of celebrity VCs and the lessons that entrepreneurs can learn from their success. Serena Williams, known for her tennis career, has made successful investments in businesses, particularly those led by underrepresented individuals. Joshua Kushner, from a notable family background, has also made significant strides in the VC world. The article highlights the unique challenges and opportunities that come with being a Celebrity-VC, navigating high valuations and successful exits.
Key takeaways for entrepreneurs include:
- Getting to Aha! moment before seeking VC investment.
- Seeking connections to top VCs or aligning with Celebrity VCs for advantage.
- Understanding attractive valuations and benefits of investing at higher valuations.
- Utilizing celebrity influence to create hype and credibility for ventures.
Celebrity-VCs are seen as the current trend in the industry, with a focus on maintaining control while leveraging their influence for successful investments. The article concludes by emphasizing the importance of hype and public perception in VC success, urging entrepreneurs to consider these factors when seeking funding.
