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Leeor Mushin

Co-Founder at GSB 2020 | Fund

Leeor Mushin

Leeor Mushin is a Co-Founder and General Partner at Formation VC, a venture capital firm based in New York. He is also a former Principal at Floodgate, an early-stage VC firm in Silicon Valley.12

Background and Education

  • Grew up in Texas, with family originally from Israel3
  • Attended the University of Texas at Austin, graduating with a BBA in Finance and a BA in Plan II Honors1
  • Worked in strategic planning and finance at Noble Energy in Houston for 4 years before the company was acquired by Chevron for $13B1
  • Earned an MBA from the Stanford Graduate School of Business (GSB) in 202012
  • While at Stanford, co-founded the GSB 2020 Fund, a VC fund investing in startups founded by his classmates - the first such fund at the GSB2

Career

  • Previously worked as a Principal at Floodgate VC, investing in early-stage startups12
  • Co-founded a digital marketing company called Digital Stairway from 2015-20221
  • Currently serves as Co-Founder and General Partner at Formation VC in New York5
  • Tweets about venture capital, startups, and talent sourcing to his followers on X (formerly Twitter)46

Highlights

Aug 29 · linkedin

"You need a cofounder"

Might be the most common advice from VCs

And they are wrong

Of course, if you have someone you trust and that person compliments you, then having a cofounder can be a great idea

But having a bad cofounder is worse than having no cofounder. After all, the number 1 cause of startups failing is cofounder disagreement

Plenty of amazing companies have been built with solofounders (see below)

Would guess that the share of successes only increases the next decade with the incredible tooling now available

Do what is best for you. Not what someone who met you for 20 minutes tells you to do

CC: Ilya Strebulaev on the great data

Aug 20 · linkedin

You can't sleep.

You're at work, and all you can think about is the idea.

You know you should be doing this.

What to do about it?

Many times, it remains a concept that withers away in the ether. On the opposite end, too many great founders pursue ideas because they get thrown money by VC firms who think of them as an option bet. The financialization of the early stage has led to misaligned incentives.

We recognize a different dynamic - one we appreciate so much that we have named our firm around it.

The Formation Stage is a time of discovery, growth, and conviction. Whether the acceleration happens fast or takes a more gradual path to crystallization, we are building a fund that caters to all of these possibilities.

Sometimes cultivation is done 1:1, and sometimes it is best in cohorts around like-minded individuals. Whether it is a nod coming from your peers or early design partners, we have seen ideation sparks ignite into an explosion of activity and, eventually, a confidence around the newly found earned secret. From the unheralded person initially met with skepticism who goes on to build a generational company to the unicorn founder who wants to take an even bigger swing, we have seen firsthand this process help all kinds of entrepreneurs.

These are 10+ year journeys together, after all, and we believe in forcing choices vs. comparison with our partners. The Formation Stage is where real relationships get formed and where talent begins its ascent to the surface.

We can't wait to meet you.

Solly Garber Formation

Related Questions

What inspired Leeor Mushin to co-found Formation VC?
How did Leeor Mushin's experience at Floodgate influence his role at Formation VC?
What are some notable startups that Formation VC has invested in?
How did Leeor Mushin's background in finance and energy sector prepare him for venture capital?
What is the GSB 2020 Fund, and how did it impact Leeor Mushin's career?
Leeor Mushin
Leeor Mushin, photo 1
Leeor Mushin, photo 2
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Experience

Co-Founder at GSB 2020 | Fund (April 2019 - Present)
Principal at Floodgate (June 2020 - September 2023), Co-Founder / Advisor at Digital Stairway (October 2015 - June 2022), Strategic Planning / Finance at Noble Energy (July 2014 - June 2018)

Education

Stanford University Graduate School of Business, Master of Business Administration - MBA (2018 - 2020); The University of Texas at Austin - The Red McCombs School of Business, Bachelor of Business Adm

Location

New York, New York, United States