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Camilo Acosta

๐Ÿ‘ค Speaker
311 total appearances

Appearances Over Time

Podcast Appearances

How I Invest with David Weisburd
E309: Why Most VCs Firms will Die by 2030

So we, we, it's an interesting story.

How I Invest with David Weisburd
E309: Why Most VCs Firms will Die by 2030

So we were early in a company and the founder, uh, did behave in a certain way that was mean or not very agreeable.

How I Invest with David Weisburd
E309: Why Most VCs Firms will Die by 2030

And I'm trying to be careful how much I say here.

How I Invest with David Weisburd
E309: Why Most VCs Firms will Die by 2030

He was not very agreeable.

How I Invest with David Weisburd
E309: Why Most VCs Firms will Die by 2030

And when we talked about it and I see, you know, one of my, one of my partners said, Hey, like, do we want to work with this guy?

How I Invest with David Weisburd
E309: Why Most VCs Firms will Die by 2030

You know, he seems like an asshole.

How I Invest with David Weisburd
E309: Why Most VCs Firms will Die by 2030

He's doing kind of things.

How I Invest with David Weisburd
E309: Why Most VCs Firms will Die by 2030

And I said, actually,

How I Invest with David Weisburd
E309: Why Most VCs Firms will Die by 2030

I want to work with him even more now because he can be an asshole to me, despite all the things I've done for him.

How I Invest with David Weisburd
E309: Why Most VCs Firms will Die by 2030

That makes me realize this guy is going to do whatever it takes to build this company.

How I Invest with David Weisburd
E309: Why Most VCs Firms will Die by 2030

And that was a wake up call for me and for our team in terms of what it takes to build a generational business and how we look for those people and back them and the compromises you have to make.

How I Invest with David Weisburd
E309: Why Most VCs Firms will Die by 2030

There's at the core, a level of humility you have to have because when someone's being disagreeable or an asshole, there's an element of like, I'm offended.

How I Invest with David Weisburd
E309: Why Most VCs Firms will Die by 2030

It's my ego that's saying like, I, I'm hurt.

How I Invest with David Weisburd
E309: Why Most VCs Firms will Die by 2030

I don't want to be hurt.

How I Invest with David Weisburd
E309: Why Most VCs Firms will Die by 2030

I don't want to continue interacting with someone who is hurting me.

How I Invest with David Weisburd
E309: Why Most VCs Firms will Die by 2030

So it takes a stepping out of that and saying that doesn't matter.

How I Invest with David Weisburd
E309: Why Most VCs Firms will Die by 2030

What matters here is as a venture manager, I'm here to make money for my LPs.

How I Invest with David Weisburd
E309: Why Most VCs Firms will Die by 2030

And is this the right person to make money for my LPs, period?

How I Invest with David Weisburd
E309: Why Most VCs Firms will Die by 2030

So it's taking yourself out of the framework that you often are in in terms of being led by ego and about pain and whatever and hurt and saying, what actually matters?

How I Invest with David Weisburd
E309: Why Most VCs Firms will Die by 2030

At the end of the day, the best founders in the world have all the leverage.