Understanding VC is a deep dive on how Venture Capitalists work. In this episode, I talk to Jeremy Au, VC at Monk’s Hill Ventures on the 3 phases of fundraising, must have leadership skills for a startup founder, why building startups are really hard because of how humans learn and how startups are expected to grow. He also shares how founders can deal with failures, exits, and moving on to the next challenge. Jeremy also touched on how startups can use capital advantage as an economic moat and the number of ways he gives back to the startup community.