The Ronco Principle
19 hours ago
- Ron Conway has invested in more top startups than any other VC or angel, despite being genuinely good and benevolent.
- His success is largely due to his benevolence, which leads to referrals and trust from founders like those at Google, Facebook, and Twitter.
- In the startup world, transparency and unpredictability make it difficult to appear good without actually being good, so genuine integrity becomes an advantage.
- The most successful startup investors tend to be the most upstanding, as both transparency and rapid change enforce consistent good behavior.
- The startup world is trending toward greater transparency and unpredictability, meaning that being genuinely good is increasingly important for long-term success.