<ul><li>In growth-stage investing, a lot of attention is given to pattern recognition and primary indicators like team, TAM, and timing.</li><li>The long-term viability of a Founder is also determined by the root of their drive - whether it is stable or externalized.</li><li>Founders with an internalized sense of self-worth are more likely to scale compared to those with an externalized drive.</li><li>A significant number of unicorn Founders come from under-represented groups, often propelled by a deep need to prove themselves due to early experiences of exclusion or injustice.</li></ul>

Not all chips scale: the hidden risk in Founder drive.

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