500 Startups CEO Christine Tsai offers advice to startup founders – CLONE

Christine Tsai, the CEO of
500 Startups, has observed hundreds of
entrepreneurs.
500
Startups

• Christine Tsai has worked with hundreds of
  entrepreneurs since founding 500 Startups eight years ago,
  giving her some unique insights into what leads to
  success.
• She said successful founders tend to have two traits:
  They listen to feedback, and they move quickly.
• To succeed, prospective entrepreneurs also have to be
  aware of the difficulty of the task ahead, she
  said. 

Christine Tsai has a lot of experience working with startups, and
that has given her some pretty good insights into what makes
entrepreneurs successful.

Tsai is the cofounder of 500 Startups, the famed Silicon Valley
venture firm and startup accelerator. Since last August, she’s
also been its CEO, following
the departure of Dave McClure, her fellow cofounder who left
amid
accusations of sexual harassment — accusations she has
declined to discuss in much detail.

Launched in 2010, 500 Startups has helped incubate hundreds of
companies and invested in more than 2,000 total, including
Twilio, which went public in 2016. In that time, Tsai has gotten
a close-up look at lots of startup founders and seen what works
and what doesn’t, as well as what it’s like to be an
entrepreneur.

Successful founders, she told Business Insider in an
interview this week, tend to have two key traits: They’re
coachable, and…

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