Wesley Chan, a renowned investor with a knack for spotting multi-billion-dollar unicorns, has shared his secrets to success at TechCrunch Disrupt 2024. Chan, who has invested in companies like Plaid, Gusto, Flexport, and Canva, emphasized the role of luck and timing in achieving success.

According to Chan, the best founders know how to capitalize on timing and have a unique insight into solving an urgent problem. He looks for founders who remind him of Google's Sergey Brin and Larry Page, with a strong conviction in their mission. Chan also stressed the importance of building a great product first, rather than trying to buy growth or customers.

Chan's investment approach is highly selective, relying on word-of-mouth referrals from other founders in his network. He believes that the best founders are those who build products that are noticed and used by his existing portfolio companies. With his unique approach, Chan continues to identify and support startups that have the potential to become the next big thing.