Look at:
1. Market
2. People(team)
-- Are you in a promising market (like a land to builld a house on)?
-- Do you have a good team of people (are they trustworthy)?
About Market:
1. Pain
2. Pleasure
-- What pain are you trying to kill for people?
-- What pleasure are you trying to bring to peple?
Mentality in VC:
-- New Money: Not just existing money.
-- Risk: It is part of creating new things that have never existed!
From Monte Jade Seminar on May/30/2020
