Show me a first-generatio n fortune and I'll show you a successful partnership between a talented individual and society's invisible venture capitalist, the commons.
Being a venture capitalist to me is like being more of a psychologist. So if you come to my office we have two chairs with a table in the middle. And we sit down and it's like, Tell me your problems.
Most venture capitalists won't read a business plan unless the entrepreneur is introduced to them by a contact.
The great danger of dealing with venture capitalists is the 'slow maybe'.
What do you get when you cross a herd of sheep with a herd of lemmings? A herd of venture capitalists.
While I'm a venture capitalist who invests in early-stage tech companies, I often feel like a professional emailer and conference call maker. I try to spend most of my time doing whatever the companies we are investors in need me to do.
A fool and his money will soon be departed applies equally to venture capitalists as it does to everyone else.
At a basic level venture capitalists are arbitrageurs: they have access to more information than those with the capital, and access to more capital than those with information, and they profit by exploiting the mismatch.
