On hustling

I get this question all the time : "How do you judge if the entrepreneur whose startup you're evaluating about investment is good or not?"

This question is practically our entire business so obvious this is the ULTIMATE question that one cannot answer with one sentence. But I could say this based on my experiences:

If I feel that the founders hustle less than I do as a VC when fundraising, I will definitely pass.”
— Jerry Yang

Roku IPO up 30% on first trades

On convertibles