ISSUE – Oct. 15 | Venture Capital is About Human Capital

For the first 5 years or so after I became a VC I didn’t talk much about what I thought a VC should be excellent at since frankly I wasn’t sure. I was mostly doing my job and trying to figure out how to be better every day. After a decade on the job I’ve started to speak more openly when newer industry colleagues now ask me what I’ve learned. The number one advice I give is “stop trying to be too smart”. Most VCs did well academically and had enough career success that a venture firm was willing to give them an investment role or they were able to raise their own fund. It’s easy to think the role of a VC is to have strong opinions about markets, trends, tech dynamics and so forth. We think we’re supposed to act smart and have insights that others don’t possess. I don’t think this is the job. [ Both Side of The Table ]