Advice From Entrepreneur-Turned-Investor
Naval Ravikant helps run Venture Hacks and has previously started several companies including Epinions.com. He has also done a bunch of angel investing. In this interview he talks about what he looks for as an investor:
- Great team
- Huge market
- Proprietary technology
- Proprietary distribution channel
- Direct monetization model
I like the quote "Social networks are still an experiment." How true. You can watch the video below or check out this "venture hack."