Ann Miura-Ko and Floodgate invest their money in ventures that are supposed to have legs and a vision to destroy their respective markets. Thunder lizards are supposed to rise from the ocean and destroy Tokyo, not pick up a paycheck in Hawaii.
Not too long ago we heard Scott Heiferman also advocate working on a product that will last. It is one of the top 10 trends we’ve heard in Startup Grind and definitely worth hearing again. Ann simply takes founders that cash out before they have exhausted their options to school:
Not sure if she was calling out any particular teams, but her rationale seemed born of experiences not simply observed in Stanford classrooms, but in the market itself. What would you do? Are you a thunder lizard with an idea capable of destroying a metropolis, or is a quick exit the way to go?
