20VC: From Potato Farm to $200M in Revenue: The Never-Before-Told Story of Flo Health: Scaling to $1BN Valuation, 75M Users & Getting 100s of No's From Investors Along the Way with Dmitry Gurski

3553.658 - 3587.096 Dmitry Gurski

The main job of an early stage investor is to distinguish cases with 100% of failure with cases with 99% of failure and cases with small potential outcome and big potential outcome. You should find cases when failure is not 100% guaranteed and potential outcome is big. And it means that for you, the most significant is to understand that the team is not stupid. They know what they do.