A short talk/transcript excerpt in which Jason M. Lemkin reflects on the role of 'hunger'—an investor's drive to prove themselves—in producing superior investment returns. He contrasts early-career hunger with later comfort and suggests sustained hunger creates a fertile period for investing, referencing meeting 'Samuel' at YC demo day as an example of visible ambition.
Like I feel I actually worry every day about my LPs and returns and stuff like that. But I don't feel that same pressure to prove myself as when I started. And I think that's a probably a net negative and I think there's that there is that decay element and sometimes it comes from money, sometimes it comes from other things. But I do think it creates the most fertile period of investing when you have the maximum hunger. I don't know if you asked Samuel the question but I'm curious if he is as hungry. If he has the same hunger he may get even better returns going forward. But I don't know that when I don't know him that well. But I know when I first met him that hunger was you could, it was in a good way, everyone liked him but you could, you could see the hunger coming out of his pores. When I first met him at YC demo days.
