Haystack founder Semil Shah says his number-one piece of advice is “come bearing gifts.” On this episode of Recode Decode, Haystack founder and Lightspeed Ventures venture partner Semil Shah talks with Recode’s Teddy Schleifer about breaking into venture capital and how the industry is changing. Asked about VC’s reputation as a “clubby” industry where you have to know someone to get in, Shah agreed that you do have to build relationships — but there’s one way for a prospective investor to stand out from the pack of people applying every year to the biggest funds on Sand Hill Road.