Forbes leads its Midas List edition with an exclusive feature on angel investor Chris Sacca. Sacca can give away is investing secrets all he likes, but if you want to really understand why he's winning—and will continue to win early access to the best deals—this is all you need to know:
Sacca met InVenture CEO Shivani Siroya at a TED dinner when he spotted Siroya sitting by herself on the fringe.
And while everyone else was ignoring a possible outlier, Sacca was doing this:
Two years ago he brought in his first partner, Matt Mazzeo, a rising CAA agent, who is taking on more of the seed investing for Lowercase's funds.
This isn't to say that knowing how to build a startup or turn one into a "unicorn" isn't important. But candidly, that's table stakes if you're a tech investor.
The talent business is entirely different though and it's Sacca's competitive advantage. Investors who don't understand that have already lost.
Written listening to Sunlounger & PPK.