SaaStr · 2024-11-29
· 551d
Do VCs Unintentionally Favor Founders with Psychopathic Tendencies?
Jason Lemkin argues that VCs inadvertently favor investing in founders with psychopathic tendencies because the extreme ambition and charisma required to build unicorns may correlate with some psychopathic traits. While not intentional, these founders' ability to recruit, manipulate perceptions, and pursue irrational goals despite logical resistance makes them attractive to investors. Lemkin notes that successful founders often display charm, manipulative abilities, and emotional mimicry typical of psychopathic profiles.
Metrics in this report
Acquisition Resistance Threshold - Low End
50$M
minimum
Unicorn-focused founders will reject exits below this valuation
Acquisition Resistance Threshold - Mid Range
200$M
minimum
Unicorn-focused founders will reject exits below this valuation