1:00:34A Conversation with Aileen Lee - Moderated by Geoff Ralston
From Y Combinator · Published Jul 22, 2019 · Watch on YouTube
TL;DR
Aileen Lee discusses her idiosyncratic career from immigrant family to Kleiner Perkins to founding Cowboy Ventures, emphasizing that founders must understand venture capital math (investors need multi-billion-dollar outcomes), that storytelling is a crucial fundraising skill, and that non-traditional founders are increasingly viable. She also introduces AllRaise.
Key insights
- Immigrants are inherently entrepreneurial because they "come here with nothing and have to figure out how to get a job and how to find a place to live and how to make it work."
- Kleiner Perkins defined an entrepreneur as "who does more than anyone thought possible with less than anyone thought possible."
- Leadership requires modulating communication style per person; being a people person does not automatically translate into being a great CEO or manager.
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