Jon Staenberg was an early employee of Microsoft, one of its first 2,500 hires, before becoming a General Partner managing over $325 million across three venture funds.
He's invested in 400+ companies including Facebook, Splunk, Avalara, Docusign, and Seagate, plus made over 250 personal angel investments along the way.
Today he runs Agate Hound Fund, the first-ever fund of funds for search funds — an asset class he says has delivered 35% net annual returns over the past 40 years.
In this episode, Jon shares stories and lessons from the early days of Microsoft working with Bill Gates, why heroes are crucial for success, and what he learned from Warren Buffett.
He also breaks down how to put yourself in a position to get lucky, and why he believes search funds are the next big thing in investing.