143. Adopting a VC Mindset: Make Smarter Bets & Achieve Growth by Thinking Like a Venture Capitalist

In this episode of Think Fast, Talk Smart, Stanford GSB Professor Ilya Strebulaev joins Matt Abrahams to discuss how the venture mindset can help anyone - investor or not - weigh alternatives, make decisions, and move forward without looking back.
"The smartest venture capitalists ask a very different question from what most of us ask," says Strebulaev. Instead of asking “‘Why should we invest?’, venture capitalists approach every new opportunity with [the] question: Why should we not proceed?”
This contrarian mindset is at the heart of Strebulaev's new book, The Venture Mindset, which reveals how the strategies of top VCs can help anyone make sharper decisions. As he explains, VCs will say "no" over 100 times before making a single investment - because evaluating what to reject is far more efficient than overanalyzing every prospect.
Think Fast Talk Smart is a production of Stanford Graduate School of Business. The podcast is produced by Jenny Luna, Ryan Campos, Matt Abrahams, and Aech Ashe, with production help from Elizabeth Wyleczuk-Stern and Podium Podcast Co. This episode was recorded on the Stanford University campus in Palo Alto, California.

[@kakaocorporation]

We are looking forward to our Annual Meeting for Stanford US-Asia Technology Management Center with Professor Ilya Strebulaev at Paul G. Allen Building tomorrow.

[@thebtran1009]

Thank for all

[@Golgibaby]

Mahalo for this. Risk management.

[@raymobula]

This is a gem. Thank you Ilya and Matt for this insightful TFTS episode.

[@Lvj22]

Thank you for this interview.

[@user-go9bs8bu1p]

Илья- очень круто! 🎉

[@DMKGuitar]

Thank you

[@tilkyxu3238]

this interview is so great, wonder if I should still get the book :)

[@raymobula]

Do it!

[@Marvfr_]

Insightful.... thank you💙

[@Stella-se1lg]

Fantastic

[@adithyavangari8188]

Professor Ilya, you lost me at Winston Churchill. It's important to consider his role in the Bengal famine, which caused the deaths of thousands of Indians, when evaluating figures to admire.

[@shrikantpawar8269]

Good morning sir

[@dakalodk]

What does this guy do ?

[@chinlinyen5816]

VC mean Vietnamese communist