“ Bold bet” is how hyperfocus.fund targets founders, which are identified in the three things: how terms are structured, the freedom you have in building your company, and the honesty with actual supports I can give you. Indeed, everything is getting better now. However, the backward story shouldn’t change our hope for the future with better startups and a better ecosystem. Sometimes founders couldn’t even maintain the minimal transparency requirement in terms of funding usage. I see cases when VCs complain about deals in Vietnam which are troublesome because founders don’t commit. It must come with mutual appreciation, respect, and consent – from both investors and founders. The underlying reason is that if it’s not the case, then the investment shouldn’t be done in the first place.īold bet isn’t an easy thing. With such a theory in mind, if Peter Thiel makes an investment, it must be a bold bet: an absolute belief on founders that they are going to build a great company. In fact, they are the ones who are likely to make the return equal to the whole size of the fund. They are contrarians and don’t compromise.

Great companies have an unshakable vision, knowing exactly what they want to become, and the founders work aggressively to protect their vision & deliver. Peter Thiel (founder Paypal, Founders Fund) has an interesting theory of investment: It’s extremely difficult to differentiate between regular companies, however, it’s much easier to recognize great companies because they are greatly different.

Hyperfocus