“It’s about finally seeing something profound and deep underneath the surface, when others are still only seeing the tip of the iceberg, and still making judgements.” - Ho Nam, Managing Director of Altos VC I think Ho’s definition of value investing here is also the most important element of investing in early stage startups. It’s a simple definition, yet there are a lot of elements that go into understanding when you have identified something “profound” or meaningful from a founder.
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