Venture capitalists (VCs) are individuals or firms who invest in startups, taking on the risk of uncertain success in the hopes of high returns.
VCs utilize a first principles thinking (FPT) approach to the investment process, breaking down complex issues into fundamental truths to find innovative solutions.
Startups go through different phases, from PreSeed to Public Offering, and investors may specialize in each phase based on their expertise.
Investors consider multiple factors such as market disruption potential, personal trust, startup capability, and gut feeling when deciding to invest in a startup.