Framework
Back founders whose every conversation is a step function more interesting
Belsky's test for which founders to invest in: does each conversation build on the last and get richer, or is it a repeat? The 'step function' founders, like the Periscope team pre-pivot, signal someone worth working with.
“One of the things I have used over the years to determine founders I want to work with as an investor is if I feel like every conversation with him or her was a step function more interesting than the one before it, or was it a repeat, right? A lot of conversations we have with people are repeats.”
Steal thisWhen evaluating founders, track whether each conversation compounds in interest; repeats are a red flag.
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