DLD Chairman and veteran tech investor Yossi Vardi shares hard-won wisdom about building successful companies. In his DLD26 conversation with podcaster Oz Woloshyn, host of TechStuff, Vardi breaks down his investment philosophy into four essential criteria.
When it comes to investing and building companies, “ideas are not important”, Vardi says, because a brilliant concept can be easily ruined by poor execution. Instead, the absolute priority is surrounding yourself with good, compatible individuals and getting rid of toxic personalities at all costs.
Vardi looks for four essential traits in founders. The first is raw talent, which he considers “the scarciest resource in the world.” The second is the ability to collaborate and be genuinely nice to others. Third is a deep, internal motivation that goes beyond seeking financial payout. Finally, he looks for boundless curiosity.
Watch the video to explore this insightful, entertaining DLD session in detail.
