A VC's network is a depreciating asset, not a permanent one. Connections from previous roles become stale within 3-5 years as new talent nodes emerge. This necessitates building a continuous, proactive engine for refreshing and expanding your network, rather than relying on past relationships.

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Treat hiring as a compounding flywheel. A new employee should not only be a great contributor but also make the company more attractive to future A-players, whether through their network, reputation, or interview presence. This focus on recruiting potential ensures talent density increases over time.

Unlike static sales databases that quickly become stale, LinkedIn is a dynamic ecosystem where professionals update their own information. This makes it the most accurate and current source for list building and prospecting data, a core advantage over any other tool.

VCs who spin out of tech giants like Airbnb have a powerful initial network. However, this edge typically expires after their third fund as original colleagues move on, forcing them to build a more durable, independent network to source deals.

Over a long career, great leaders accumulate a "snowball of talent"—A-players who follow them from one venture to the next. This becomes a powerful litmus test when hiring executives: if they have no network of past colleagues eager to join them, it's a major red flag about their leadership ability or the quality of their past teams.

The seed investing landscape isn't just expanding; it's actively replacing its previous generation. Legacy boutique seed firms are being squeezed by large multistage funds and new emerging managers, implying a VC's relevance has a 10-15 year cycle before a new cohort takes over.

Don't leave networking to chance. Proactively identify and maintain a written list of at least 20 people in your network who naturally enjoy introducing others. Pairing this list with your target prospect list creates a repeatable, machine-like process for generating warm introductions.

To win highly sought-after deals, growth investors must build relationships years in advance. This involves providing tangible help with hiring, customer introductions, and strategic advice, effectively acting as an investor long before deploying capital.

Early in your career, prioritize opportunities that build long-term capital across five key areas. This portfolio approach—building who you know, what you know, what you can do, what you have, and what people think of you—is the foundation for future success, often more valuable than immediate salary.

High performers don't network passively; they treat it as a core operational discipline with measurable goals. By setting a simple metric, such as making one valuable introduction for others per week, they proactively nurture their network with a giving-first mentality. This systematic approach builds immense social capital and karmic returns over time.

The career arcs of venture and buyout investors differ starkly. VCs rely on networks relevant to young founders, leading some to retire by 45 as connections become stale. In contrast, buyout investing is an apprenticeship business where age and experience are increasingly valued.