I recently delved into the nuanced world of venture capital with an industry expert, uncovering the vital role of human elements in investment decisions. Key Insights from Our Discussion: 1. Venture Capital: A Blend of Psychology and Finance - Early-stage investing leans more towards understanding founder psychology than analyzing spreadsheets.
Very nice to hear. I’m not an investor nor a decision maker but the idea of using personality factors in building teams or selecting business partners makes great sense (Elon Musk’s “grit, perseverance, and long-term commitment” vs. a polished business plan by GM executives).
But wouldn’t you wish to have a systematic process to assess personal qualities in a consistent/measurable way? Or is it simply on a case by case basis?