• Invest in this asset class only if you are truly passionate about it
• Portfolio approach
• Stay invested in your winners for as long as possible.
• Long feedback cycle
• Very risky with little information
• Access really matters
• Team > everything (Credit: Y Combinator)
• Buy at the right price (Buffet and a VC friend)
• Be willing to be contrarian (Ashish Dhawan)
• Invest in what you understand (Buffet)