BEING AN "N OF 1" FIRM

Summary from the TLDR Founders newsletter

To be a successful venture capitalist, it's crucial to differentiate yourself and become a top choice for founders in your focus areas. Some firms achieve this by employing unique strategies or having exceptional individuals, allowing them to become the sole preferred investor for certain companies. Pursuing a non-consensus approach and playing by your own rules, while risky, can potentially lead to outstanding returns if executed well.