Transcript
Introduction
Rick
Our guest today is Ho Nam, co-founder of Altos Ventures. In this episode, we unpack Ho's origin story and the values that shaped him most as a person and investor. We then turn to Altos itself. As the numbers go, Altos is one of the greatest venture capital firms of the last quarter century. And in order to discover learnings that all of us can apply and benefit from, we double-click on the culture and various investing frameworks behind their extraordinary success.
As you'll soon hear, the short answer is they got there by thinking and acting very differently than the pack. In fact, while they never set out to be iconoclasts, Altos has emerged as one of the most elite venture investors by breaking almost all of the traditional VC rules, by backing hedgehogs rather than foxes, by focusing relentlessly on capital efficiency, by investing at all stages of a company, and by displaying an unusual dose of kindness and patience along the way.