Saturday, 26 April 2014

Hard Things That Great VCs Do

In Ben Horowitz’s The Hard Thing About Hard Things, he recalls a conversation in 1999 where one of his investors asked coldly: “When are you going to get a real CEO? Someone who has designed a large organization, someone who knows great senior executives and brings pre-built customer relationships, someone who knows what they are doing.”
Horowitz describes how that stinging comment became the inspiration for starting his own fund and one of its goals: teaching founders how to grow into executives.
This is one of the hard things about being a VC today: You must give entrepreneurs more than just capital. In my experience as a founder and sometime investor, here are five hard things I’ve seen great VCs do for their companies long after their checks have cleared. Read more

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