Ian Rountree, founder of Cantos Ventures, shares an insider view on his 40+ investments focused on frontier technology. He talks about the experience of angel investing as a better education in venture capital than an MBA degree.
Startups with defensible technology, large future market potential + a team that can execute is the magic formula.
Errors of commission is ok but errors of omission hurt a lot. This leads to fear of missing out.
Propitiatory technologies must lead to network effects or new business models.
Frontier of innovation will create economic value in legacy industries.