How Do Investors Get Rich? By Finding The "Winning 15"
Every year, 15 great tech companies are born, says early-stage investor and matchmaker Naval Ravikant. The trick is to figure out which ones they are.
There’s been an “enormous increase” in fundings for seed-stage, or very young companies–some from venture capitalists and some from newcomers, said Ravikant, the chief executive of AngelList, a matchmaking site for investors and start-ups. “It’s hard even for me to keep up,” he said.