There's no single way to spot a great VC. Instead, ask why they're in the business, what drives their investment choices, why founders pick them, and how they'll manage the portfolio. LPs have different return expectations, so VCs aren't all chasing the same thing.
I actually think the fact that there's no one template for what makes a great VC part of what makes early-stage venture awesome, but it makes it hard to answer your question because the great news is you're bringing a different way of doing it than what people did 10 years ago. And that's part of what just like lights me up and makes me think it's awesome, but it does make it tricky to answer. I would say my best answer is trying to understand with every manager we meet, why you? Like, why are you doing this? Why are you investing in what you're investing? Why is the entrepreneur picking you? How are you going to do your portfolio? And just sort of asking a lot of questions to understand the 360 of what they're doing. Because what we're sorting for are— just a caveat— LPs, you'd be surprised at the different return expectations different LPs have. So not everybody's trying to sort for the same thing.
Paige of Behind Genius driving an AI electric train in St. Louis (Intramotev Visit)
