Michael Ovitz

I sold every asset that I had.

And I went full time into tech investing and tech consulting.

And nothing changed for me.

Nothing changed for me.

It's pretty simple.

Actually, founders need to be passionate

They need to have a lot of ideas about what they want to do with their idea.

They need to be connected to people that can help them get their ideas started.

They have to be open to critique.

They can't be arrogant.

It's critical they're not arrogant.

I find that arrogant founders have a tendency to fail more than non-arrogant founders.

They have to have the ability to tell you their ideas in succinct ways.

They have to be really enthusiastic.

And it's funny, when you're a director and you're interviewing an actor or an actress, you're kind of looking for the same things.

The only difference is when you're looking at a... Marty Scorsese, who I have unbelievable respect for, taught me most about the movie business that I know.

And...

said to me, I'm always looking at their eyes.

I'm kind of not looking at that when I'm interviewing a founder, but they're not actors, right?

And I don't want them to be.