Winning NCAA Brackets & Picking Seed-Stage Investments
Dan Doman, an associate at G-51 Capital, won our March Madness Extravaganza this year, which prompted the following thoughts. Thanks for the opportunity peHUB readers. Hopefully you’ll enjoy my tortured sports metaphors, and laugh instead of grimace at my attempts at comedy. So here are my three rules for winning your office pool and making solid seed-stage investments… or how business and sports sometimes merge in the same lane of the brain. 1. Advance good teams In college basketball, good teams typically have a great floor leader playing the point (CEO), a dependable big man (techie) and a third player that if he gets hot can really carry a team deep (biz dev, sales stud or maybe even a marketer). As an investor, you want the ball in the CEO’s hands; you trust him to lead the attack and minimize costly turnovers, and you depend on him to get the best out of his teammates. This player needs to be coachable or have experience under the spotlight in good times and bad.
