In December, I spent time thinking about the investing work I had done coming to that point. I gleaned lessons from companies we were lucky to be involved with where something was working, but candidly, I beat myself up over perceived misses — companies I had seen at pre-seed or seed that weren’t in the portfolio who had some early signs of success. The rationale for not investing varied, spanning a lapse in judgment to a lack of experience in the category. These investments bit at me not only because the strength of the founders started to shine through over a longer period of time, but also because the full potential of the market became more legible in hindsight. It absolutely killed me.
The nature of "the miss"
The nature of "the miss"
The nature of "the miss"
In December, I spent time thinking about the investing work I had done coming to that point. I gleaned lessons from companies we were lucky to be involved with where something was working, but candidly, I beat myself up over perceived misses — companies I had seen at pre-seed or seed that weren’t in the portfolio who had some early signs of success. The rationale for not investing varied, spanning a lapse in judgment to a lack of experience in the category. These investments bit at me not only because the strength of the founders started to shine through over a longer period of time, but also because the full potential of the market became more legible in hindsight. It absolutely killed me.