Guy Kawasaki’s latest post – The CAPITAL RAISING Aptitude Test (VCAT) – is, as typical, thought provoking and worth reading. If you are young, Guy argues, weekly building work 80 hours, marketing, and offering products not seated in conferences deciding whether or not to invest. As a relatively young VC (35), the post strike a nerve.
In 2001, following the sale of the start-up where I had been CEO, I made the rounds of Sand Hill Road requesting those very questions and worked difficult to find a common answer. The jokes about the “dark aspect” aside, I recall sense serious disquiet when I decided to sign up for Pequot Ventures. In doing this, I sensed that I was in some way selling out and walking prematurily . from the managerial and entrepreneurial track away.
- Inappropriate non-business use (67 percent)
- Maintain or update business cleverness tools, directories, dashboards, systems, or methods
- Attract a pursuing for a blog or podcast
- Bingo and Raffle Licenses
While the itch to create and sell a product has never still left, I have grown more comfortable with the notion that there is no stock response to the relevant questions above. I understand great entrepreneurs who, while empathetic and experienced in managing start-up growth perhaps, aren’t very value-added in the board room. And I understand of individuals who experienced the business right out of business college who suffer from the arrogance and vapidity that Guy explains in his post.
One observation would be that the VC industry, …Continue Reading