Today’s episode features Trae Stephens, one of the Partners at Founders Fund. As a venture capitalist, Trae provides excellent insight into what investors are looking for in entrepreneurs. As Trae explains, “we’re looking for outliers.” Find out what that entails and also how Trae measures value by the ability to create abundance and decrease competition. Trae bounces effortlessly between business, theology, and philosophy as he speaks, and we really think you’ll enjoy listening to what he had to share!
Today we learned that Sam Walton was persistent (very persistent), that you don’t have to know a lot about baseball to successfully own a Major League Baseball team, and that stories are best told by the one who have lived them. And that’s exactly who Drayton McLane is—a serial entrepreneur with a knack for storytelling. Pull up a chair, get comfortable, and prepare to hear story after story of what it’s like to be an entrepreneur for over half a century.