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The Venture Mindset

By: Ilya Strebulaev, Alex Dang
Narrated by: Will Damron
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Publisher's summary

Inspired by venture capitalists' unique mindset, this is a transformative playbook for delivering extraordinary results in modern organizations, from a Stanford professor and a technology executive.

Behind life changing companies like Amazon, Google, Moderna, SpaceX and Zoom are Venture Capital investors. VCs are known for extraordinary ability to spot emerging trends, identify disruptive startups, attract talent, and bring new industries into being.

Ilya Strebulaev, Director of the Venture Capital Initiative at Stanford Business School, has spent the last two decades studying VCs' counterintuitive approaches to decision-making, and the reasons behind the success and failure of corporate innovation efforts. Alex Dang, a senior leader at McKinsey and Amazon, has seen up close the impact VCs' thinking and mechanisms can have on a business' success. Together in The Venture Mindset, they present nine distinct principles that can help anyone looking to transform their business and achieve extraordinary results, no matter the industry.

The Venture Mindset is a new mental model where failure is a must, ideas are rejected in their myriads in search of a single winner, due diligence is put on its head, dissent is encouraged, plugs are pulled, and time horizons are extended. It is fundamentally different from the mindset found throughout the rest of the business world. This mindset helps leaders to develop a strong pipeline of ideas, make smarter, quicker decisions, and deliver more value at scale. It's a must listen for any leader looking to stave off irrelevance and win big in the uncertain world of business today.

PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.

©2024 Ilya Strebulaev, Alex Dang (P)2024 Hodder & Stoughton Limited

Critic reviews

'This book is full of powerful, practical lessons on changing how we think and act.' (ERIC SCHMIDT, former CEO, Google)

'Many principles mentioned in the book helped us build Zoom and they will help you as well.' (ERIC YUAN, Founder and CEO, Zoom)

'A terrific insight into the mindset of venture capital. Professor Strebulaev has deep knowledge of the way VCs think and their impact on the modern economy. His book is an invaluable guide.' (LIONEL BARBER, former Editor-in-Chief, FT)

'Ilya is one of the most knowledgeable people in the field of venture capital. This brilliant book provides essential insights about how VCs think and make decisions and how everybody can apply those insights to their own field and innovate like them.' (ALI TAMASEB, author of SuperFounders)

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