Founder & Managing Partner @ Atelier
"In general, I believe the new currency of leadership is authenticity and vulnerability. That means we’re moving away from an era where investor hubris and grandiosity was appealing, to one in which founders are more attracted to investors who demonstrate humility and compassion, and who are authentic, relatable human beings, each with their own sense of mission. After all, a cap table is a reflection of who the founder desires to enrich in the world.
Just as investors look for founder superpowers, increasingly, founders will expect GPs to have superpowers, too. Founders now think of investors as extensions of their teams, and will (rightly) select investors based on their unique strengths, whether that’s distribution/having an audience, recruiting, etc. It’s increasingly challenging to be an undifferentiated purveyor of capital."