Today we have Ondrej Bartos with us. Ondrej is a Founding GP at Credo Ventures, a 75m€ Seed stage venture fund in Prague (and a bit elsewhere!) to back Central Eastern European Tech Startups.Credo are investing out of Fund 4 with a total 250M€ AUM and an established portfolio of 60 companies and notable investments including UI Path, ProductBoard, PriceFX, Resistant AI, and Eleven Labs.Chapters:00:00:00 - Ondrej & Credo Bio00:00:41 - Announcing Roundtable on The Evolution of European Venture00:04:06 - How Ondrej Got Into Venture00:06:34 - Pivotal Moments in Venture Investing00:09:18 - The Challenges of Being an Entrepreneur and VC00:12:07 - Struggling with Success and Collaboration vs Competition Among VCs00:14:31 - Maintaining a Calm & Collaborative Approach in Competitive Deals00:16:58 - The Transformative Power of Success00:19:34 - Managing Expectations and Transparency00:22:17 - Collaborative Competitive Rivalry00:24:44 - The Meaning of Credo00:27:15 - Supporting Entrepreneurs00:29:32 - The Importance of Passion and Hard Work00:32:15 - Respecting Reshma and Co-Investing00:34:44 - Staying as a Seed and Pre-Seed Fund00:37:13 - Building Towards a Franchise00:39:53 - The Logic Behind the Crossover Fund Experiment00:42:26 - Creating Relationships with Late Stage Investors00:45:08 - Failure in Internships and Startups