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Fika's investment in Ajax originated from a referral by another portfolio founder in the same WeWork. The recommender knew nothing about Ajax's business but was so impressed by their team's extreme work ethic—arriving earlier and staying later than anyone—that it served as a primary signal of quality.
Avishai Abrahami works late, sleeping until 11:30 AM. This gives him hours for deep thinking and forces his team to resolve minor issues independently before he arrives, fostering a more mature organization and protecting his own focus time.
Calacanis invested $200K in a former employee not for a specific idea, but because the founder consistently demonstrated high product velocity, world-class design, and capital efficiency. This indicates that for some savvy investors, proven execution ability is the most critical early-stage signal.
Employees at large companies who independently work nights and weekends on projects outside the roadmap, driven by customer obsession, are exhibiting the key traits of a founder. This behavior, while potentially disruptive to their team, signals a strong, innate entrepreneurial drive ready to be unleashed.
The best founders treat their startup not as a job, but as an "affliction"—an unshakable obsession. This deep-seated drive signals to investors the resilience required to overcome the immense challenges of building a company from scratch.
Brian Singerman's venture strategy was almost entirely focused on founder assessment, making up over 98% of his decision. He famously doesn't read financial reports or use spreadsheets, instead concentrating all his effort on one question: is this founder the best in the world at something novel?
The founders were co-workers before becoming friends and then business partners. This sequence allowed them to vet each other's work ethic and resourcefulness in a professional setting, de-risking the co-founder relationship far more effectively than friendship alone could.
While assessed during diligence, the true caliber of a founder—their passion, authenticity, and ability to "run through walls"—becomes starkly clear after the deal closes. This distinction is not subtle; the impact of a truly exceptional founder versus an average one is immediately evident in the business's trajectory.
When diligencing a startup, Kantos Ventures has learned that the best founding teams demonstrate mind-blowing progress in just one week. This extreme velocity is a key indicator of a team's potential, as that speed compounds over time, creating a massive gap between them and their slower competitors.
Aditya Agarwal joined Facebook when it had under 10 employees, despite not being a user. The decision was based purely on the raw intelligence and intensity of Mark Zuckerberg and the fun, hard-working environment, highlighting that team caliber can trump product analysis in early-stage career bets.
The most exceptional founders are so intensely focused on building their business that they deprioritize non-critical communication, even with investors. Their slow response time is a counter-intuitive signal of extreme dedication and focus, not disrespect.