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Patience (and on owners v. tenants) – Nicholas Chirls

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In the last few months, I’ve been writing about some of the core attributes I value as an investor and in founders. My last two were on Courage and Trust. This post is about Patience. Early in my v…

In the last few months, I’ve been writing about some of the core attributes I value as an investor and in founders. My last two were on Courage and Trust . This post is about Patience. Early in my venture career, I got the opportunity to sit in on a board meeting with two prominent venture investors. The company was struggling. The product wasn’t quite there and it had taken longer than expected to build. But the founder seemed committed, recognized some mistakes made, and the board members ultimately invested enough money to give the founder another turn of a card. That decision made everyone

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