Today's Entrepreneur


Today's Investor: Naval Ravikant

No. 1 mistake: They focus on the idea rather than on the people, execution, or market

Innovation series by Katie Gatto
January 14, 2011
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Entrepreneurs, and those who work at startups, are a special part of the workforce.

They embrace innovation and disruption. They live on the edge, and, at times, chase the latest shiny object. But their willingness to fail and try something new often enable them to make a big difference.  

The Vator community is made up of these unique people. To that end, we've changed our user profiles to allow entrepreneurs to express their interests and lessons about entrepreneurship. 

These profiles will allow us to highlight an entrepreneur every day.

Today's entrepreneur is Naval Ravikant, the founder of AngelList and

I am:  a Venture Hacker

Name companies you've founded or co-founded:,, AngelList

Name companies you've invested in:

Twitter, Disqus, Jambool, DocVerse, FourSquare, Heyzap

If you are an entrepreneur, why?

I want to change the world.

List your favorite startups:

Too many

What's most frustrating and rewarding about entrepreneurship/innovation?

Takes patience

What's the No. 1 mistake entrepreneurs make?

They focus on the idea rather than on the people, execution, or market

What are the top three lessons you've learned as an entrepreneur?

- Test every hypothesis as quickly and cheaply as possible
- Work with the best people you can find
- Do something you care about

(Editor's note: Naval is one of the investor judges at the upcoming Vator Splash Feb event in San Francisco. He'll join other VC judges/panelists, such as John O'Farrell from Andreessen Horowitz, Thomas Korte from AngelPad, David Hornik of August Capital, Jay Jamison of Blue Run, Duncan Davidson of Bulppen, Joe Kraus of Google Ventures, David Thacker of Greylock, and Jed Katz of Javelin Ventures. You won't want to miss this event. See agenda and buy your tickets here. Or if you want to be one of the top 10 startups presenting onstage before them and an audience of 350 to 400, join the competition.

Related companies, investors and entrepreneurs

Description: What is Twitter? Twitter is an online information network that allows anyone with an account to post 140 character messages, called tweet...
Description: Heyzap allows any website or blog to take the most exciting flash games and put them into their website. This results in the website/blo...
Description: Disqus, pronounced discuss, is a service for blog comments. Disqus enables bloggers to make the conversations on their blogs more inter...

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