$750 million fund focused on both direct investments and investments in other venture funds|Rick Smith,CO-FOUNDER & MANAGING DIRECTOR,Crosscut Ventures 00:10:00
The only thing that matters is the entrepreneur. Their drive and passion are way more important than anything we do as investors. During that extended period of time that I took off, I was trying to figure out what was next. I had a conversation with my gardener, where he noted how passionate I was in describing venture capital compared to the other paths. I made the decision right there to follow my passion and get back into venture capital by founding Crosscut. I learned there is no substitute for hard work. I also learned the importance of entering the right market at the right time and never discounting the role of luck in any outsized success.