It’s the people, stupid*
Ed Sim recently wrote a nice post about how being a VC is really about people:
“…So in many ways, being a good venture capitalist is dependent on our ability to understand what drives the people we work with, how to constantly challenge them and motivate them, pat them on the back when they need it, and push them harder if they are slowing down…As much as some would like to think that being a VC is about the technology or numbers, it is all about the people.”
I usually have to spend a few minutes explaining to people what is common between my earlier job as a diplomat and being a venture capitalist…Next time I will simply point them to Ed’s post.
Interesting find: It’s Still The Economy, Stupid
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* with apologies to James Carville