Ann Winblad is one of the most prominent, yet low-profile venture capitalists and among a minority of women venture capitalists – about 11 percent of today’s VCs.
She co-founded Open Systems, an accounting software company in 1976, then co-founded Venture Capital firm Hummer Winblad Venture Partners, which invests more than $1 billion in software companies.
She offers recommendations for women and men investing in businesses, careers, and themselves:
• Seek risk and fail fast to enable rapid course-correction
• Strive to be more resilient than strong
• Adapt as quickly as possible
• Place greater value on learning from all sources over formal education
• Exercise intellectual curiosity and stamina
• Tolerate ambiguity and lack of experts during high-growth periods
• Look for possibility in the “half-full glass”
• State assumptions and build on those of others
• Cultivate honesty and transparency
-*Which of Winblad’s recommendations have you seen practiced by the most effective organizational leaders and entrepreneurs you know?