The James Altucher Show

Note: I want to apologize up front for the sound quality on this episode. We tried everything we could to get it as clear as possible but we thought this interview was so good we didn't want to discard it. Thanks in advance for struggling though - I promise it will be worth it. Dave McClure has taken a slightly different path towards the funding of startups. He gets in early in a lot of company's and expects about a third to fail. He didn't start investing as a venture capitalist until a little later in life and wasn't sure if he was already too old. Dave's story runs through some of Silicon Valley's best companies Facebook, PayPal, Mint.com, Simply Hired and others. So how did he deal with the fact that many of the people he worked side by side with wound up becoming billionaires? By being so well connected and knowing so many people opens the door to a lot of opportunities but that doesn't always mean your smart enough to pick the right ones.  Dave tells James the story of how he passed on being one of the