Part 7/8:
Long-Term Investment Strategies and Founder Focus
Youngman outlines his firm’s approach to investing—particularly their preference for backing founders rather than hired executives. He compares investing in founders to lending to a property owner who deeply cares for and actively manages their property, versus renting to someone who may not be as invested.
Founders, he notes, possess a unique drive to change the world and are more willing to “eat glass”—to endure hardships—to achieve their vision. These entrepreneurs’ passion and commitment often translate into extraordinary outcomes, especially in transforming technology and society.