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Venture Capital is About Human Capital

Both Sides of the Table

Gregg Johnson, CEO of Invoca 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. The number one advice I give is “stop trying to be too smart”. That’s why I often say The role of VC is “chief psychologist.”

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Both Things Can Be True: Bias and Bad Fundraising Advice

This is going to be BIG.

The startup ecosystem is a terrific manufacturer of bad fundraising advice. Any VC will tell you that the ones they said yes to, they mostly got there right away—and that there are very few “maybe” deals that get tipped over the fence. Or that venture capital is a meritocracy? That adds risk.

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The Problem with Startup Advice

This is going to be BIG.

I'm often the last one to leave an event, held back by the most persistant of entrepreneurs trying to squeeze as much advice as they can out of me. Often times, the advice is terrible or impractical. Venture capital is kind of like a knuckleball. I love public speaking, teaching and generally being helpful.

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How to Be a VC: Being Open

This is going to be BIG.

I always get asked how to get into VC and so I think a lot about what it takes to do the job well. In venture capital, you say "no" a lot. Practicing the word no as many times as a VC does means you have to fight not to have your mind close on you. For some, VC is about the picking rather than the fostering and growing.

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What I Would Look for When Choosing a VC – Knowing What I Know Now?

Both Sides of the Table

Picking a VC is hard. So I thought I’d write about out with what I would look for in a VC knowing what I know now and why. Most VCs are book smart. VCs should be more of a coach than proscriptively telling you what to do. You want a VC who will spar with you but then STFU and let you get on with things.

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The Quality You Never Hear Pitched When People Want in to Venture Capital

This is going to be BIG.

So I asked a few founders that I've worked with and they mentioned a word that struck me--because I've never heard any of the hordes of people in my inbox asking for internships, VC job recommendations and advice, etc. I think of venture capital as a service business. mention about themselves. Generosity.

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Who the hell is this guy? Thoughts on being a career VC

This is going to be BIG.

How about as a VC? If* you believe that a good venture capitalist should have launched their own company and exited, then I simply don't have that track record. Fred has basically always been a VC, Mike was a reporter, and Jim worked in product marketing and management consulting. Charlie is a nice guy, but his company failed.".

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