Concentrated Partner Strategy and 'Spiky' Founders

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At 26, Chad Byers bet $250k on Robinhood after 100 investors passed. That single check turned into $400M+ and helped define how Susa Ventures spots generational founders.

In this episode, Chad breaks down his "spiky people" thesis for finding exceptional founders, why most fast investment decisions end up being wrong, and how to build conviction while staying calm through hype cycles. He also shares what the real startup journey looks like, how he raised Fund I with no track record, and where he's placing bets after the AI wave.