Rich is an exceptional human being who I am grateful to consider a close friend. Excited to work together even closer going forward!
Rich (@richzou)
I turn 21 today.
I think this is the best time in history to be in your 20s and in the Bay. The past year I've been fortunate to be surrounded by many incredible founders and operators, and lucky enough to call them friends.
So I'm starting a fund. It's called Bo Le Capital.
Named after Bo Le (伯乐), the figure in Chinese mythology who could recognize a thousand mile horse when everyone else saw a workhorse. That's the work I want to spend the rest of my life doing.
Recruiting and venture are both very transactional spaces. I believe there's a way to approach this work with kindness. The core thesis of the fund is simple: do what's best for the talent. Everything else follows from that.
A lot of this is borrowed from how Michael Ovitz built CAA. He treated talent as the center of the universe and built every part of the business around serving them. Bo Le Capital will operate the same way. The fund will have a recruiting agency attached to it, and I'll keep testing new strategies on top of that. Talent is finite. The people who get to it first, and treat it best, win.
One of the principles I care most about is to work with the best. In every direction. The founders we back, the operators we place, the friends we build this with, and the LPs we work with.
Thank you to everyone who's been part of this past year.
There's still a lot for me to learn, and I'm extremely excited for this next chapter.
More soon.
— https://nitter.net/richzou/status/2054595967308255349#m