Nabeel Hyatt

Oh, all these things are going to be big. It's maybe not big enough, or maybe if a small enough fund, but we're trying to invest in companies that we hope will be public, long lasting institutions decades from now. You have to believe that they have some enduring value that will last for a long time, right?

Oh, all these things are going to be big. It's maybe not big enough, or maybe if a small enough fund, but we're trying to invest in companies that we hope will be public, long lasting institutions decades from now. You have to believe that they have some enduring value that will last for a long time, right?

Oh, all these things are going to be big. It's maybe not big enough, or maybe if a small enough fund, but we're trying to invest in companies that we hope will be public, long lasting institutions decades from now. You have to believe that they have some enduring value that will last for a long time, right?

So we operate an early-stage fund and a growth fund. How big is the early? How big is the growth? The early-stage funds, a little over $700 million, and the growth is double that. I mean, it's not small for an early fund, is it? It's seven partners. I didn't say you have to write small checks. I said you have to be subjective and come from first principles in your investing.

So we operate an early-stage fund and a growth fund. How big is the early? How big is the growth? The early-stage funds, a little over $700 million, and the growth is double that. I mean, it's not small for an early fund, is it? It's seven partners. I didn't say you have to write small checks. I said you have to be subjective and come from first principles in your investing.

So we operate an early-stage fund and a growth fund. How big is the early? How big is the growth? The early-stage funds, a little over $700 million, and the growth is double that. I mean, it's not small for an early fund, is it? It's seven partners. I didn't say you have to write small checks. I said you have to be subjective and come from first principles in your investing.

And if you're spending all of your time trying to set up checklists for what is okay or not to bring into a partnership, if you're spending all of your time trying to work the politics of the org in order to get something done, that is all taking away from trying out the fundamental truth of whether this set of founders with this amazing idea is going to turn into something great.

And if you're spending all of your time trying to set up checklists for what is okay or not to bring into a partnership, if you're spending all of your time trying to work the politics of the org in order to get something done, that is all taking away from trying out the fundamental truth of whether this set of founders with this amazing idea is going to turn into something great.

And if you're spending all of your time trying to set up checklists for what is okay or not to bring into a partnership, if you're spending all of your time trying to work the politics of the org in order to get something done, that is all taking away from trying out the fundamental truth of whether this set of founders with this amazing idea is going to turn into something great.

That's what I mean. Love that. How do you remove the politics? How do you remove the politics? I mean, I think venture, somebody said at one point, you probably know the quote because you're good with quotes. Venture is the most politics per human inside of like almost any org. And I think there's a reason for that, right?

That's what I mean. Love that. How do you remove the politics? How do you remove the politics? I mean, I think venture, somebody said at one point, you probably know the quote because you're good with quotes. Venture is the most politics per human inside of like almost any org. And I think there's a reason for that, right?

That's what I mean. Love that. How do you remove the politics? How do you remove the politics? I mean, I think venture, somebody said at one point, you probably know the quote because you're good with quotes. Venture is the most politics per human inside of like almost any org. And I think there's a reason for that, right?

The reason for that is that all of the measurements before exit are all false profits. Until the thing is actually a return back capital and you see this wonderful enduring institution, it's all just games and packaging.

The reason for that is that all of the measurements before exit are all false profits. Until the thing is actually a return back capital and you see this wonderful enduring institution, it's all just games and packaging.

The reason for that is that all of the measurements before exit are all false profits. Until the thing is actually a return back capital and you see this wonderful enduring institution, it's all just games and packaging.

And that really means that if I internalize trying to build up respect with my peers in order to be thought of as being able to do good deals, I'm in a packaging product business for just my peers. So you just have to work with a point where people start with respect.

And that really means that if I internalize trying to build up respect with my peers in order to be thought of as being able to do good deals, I'm in a packaging product business for just my peers. So you just have to work with a point where people start with respect.

And that really means that if I internalize trying to build up respect with my peers in order to be thought of as being able to do good deals, I'm in a packaging product business for just my peers. So you just have to work with a point where people start with respect.

Yeah, it's really hard because people call this an apprenticeship business, but in many ways, especially the way that Spark does our job, it's more of a process of self-actualization. If I was trying to be Bijan when I joined or trying to be Santo when I joined, I can't be the like mini me version of that person. And so I think the mentorship has to come from that phrasing.

Yeah, it's really hard because people call this an apprenticeship business, but in many ways, especially the way that Spark does our job, it's more of a process of self-actualization. If I was trying to be Bijan when I joined or trying to be Santo when I joined, I can't be the like mini me version of that person. And so I think the mentorship has to come from that phrasing.