Tim Draper on the Joy of VC Dissent
Venture guy Tim Draper of DFJ is an ever-entertaining fellow, and in this video interview he offers up a typically Tim rationale for how DFJ approaches risk. After all, his firm is known for taking on some riskier than usual projects (some might say wild-eyed), and it has come to a realization:We have found that when all the partners agree that this is going to be a big success, that it usually fails. And if one or two think it's going to be a big success, and the rest are circumspect, that seems to be where we win.1