Do you want to be the first investor or the last?
“He he once asked me, and I had never thought about it at the time.”
On today's special segment, we have Ethan Austin of Outside VC. What's the best question a founder or an LP has asked you? I think one of our LPs,
he was also a VC. He he once asked me, and I had never thought about it at the time. He he said, do you wanna be do you like to be the first investor or the last investor? And and I hadn't I hadn't really thought about it much at that point. And we do both. Kind of end up sometimes as the last investor and, and things are a bit more derisked. But I tend to love being that first investor and, and, and, you know, really being that first believer and feeling like you have the ability to affect the trajectory
About this clip
Ethan Austin of Outside VC shares a thought-provoking question from an LP that changed his perspective on investment timing. He explores the difference between being an early believer versus investing when deals are more de-risked, revealing his preference for being the first investor who can shape a company's trajectory.
Why this clip
The clip captures a pivotal moment of self-reflection that reveals core investment philosophy through a simple but profound question.
What they said next
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