Vinod Khosla Offers Some Serious Advice for Entrepreneurs

 According to investor Vinod Khosla, too many companies who want to think big are doomed to remain small because they pick the wrong investors.


“Any investor who looks at exit strategies, or multiples of investment or even does an IRR calculation, a rate of return calculation, probably is the wrong partner for you,” says Khosla. 

“I think the single, most important fact about doing a startup is being clear about your vision and not let it get distorted by what pundits and experts tell you," Khosla says. "But the second most important thing is finding the right team, and that’s really, really hard."

Khosla says he spent well over 50 percent of his time recruiting, and he encourages all entrepreneurs to try and do that.

Vinod Khosla: New CEOs Should Spend More Than 50% Of Their Time Recruiting (TCTV)