#business Created at 2023-01-26 # [Anonymous feedback](https://www.admonymous.co/louis030195) # [[Epistemic status]] #shower-thought Last modified date: 2023-01-26 Commit: 0 # Related # TODO > [!TODO] TODO # What VCs want >Moreover, Moritz had a rationale for his retort—one that Yang himself had never thought of. In his years as a journalist, Moritz had written a perceptive book about Steve Jobs. Now he insisted that Yahoo was that precious thing, an inspired and memorable company name. Like Apple. >Whether by instinct or cunning, Moritz had given the perfect clincher of an answer. Because he understood Jobs as well as anybody in the Valley, he had the credibility to imply a connection between two unknown grad students and a storied Silicon Valley legend. **Like all great venture capitalists, he knew how to amplify the sense of destiny of even the most confident founders. It was the ultimate seduction.** >~ [[Sebastian Mallaby - The Power Law]] When dealing with VC or start-up accelerator, managers will try to convince you to dedicate your life to a mission (the one that will yield them the most [[Money|money]]). For example, in my experience in [[Techstars]], they would regularly recall you through workshops about [[Northstar]] your life's mission, how you will make the world a better place, etc. I mean it's not a bad thing, it's a good carrot to stare at, pursuing something that will make the world a "better place" will increase your likelihood to stick to the execution even in difficult times. Just make sure they don't distort your vision :)