The Art of Investing in People as a VC | Sid Krommenhoek, Co-Founder of Album VC
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Jul 25, 2023 ·
59m 32s
Clint meets with Sid Krommenhoek who is a co-founder of Album, a venture capital team in Utah that's investing in early-stage tech startups. They discuss investing cycles and how to...
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Clint meets with Sid Krommenhoek who is a co-founder of Album, a venture capital team in Utah that's investing in early-stage tech startups. They discuss investing cycles and how to avoid getting too involved in a single technology because the landscape is always changing. Sid brings up an interesting idea, that the more we work with machines (like AI or simply working from home instead of the office) and use social media, the worse our mental health becomes and we need to prioritize personal connection as much as possible. Ultimately, investing in people is what will drive the industry forward and we should dedicate everything we can to making our relationships more meaningful and collaborative. It doesn't matter who you are, where you come from, or how you were raised, if you are appropriately ruthless about following your dreams, you can make it in this industry. "I think the cryptonite in our industry is FOMO. All of us, we'll all tell you our stories of the deal that we got FOMOed into and we maybe let passion and emotion and something irrational drive a decision."
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