I always tell founders that investors are supposed to provide capital, network and something that I define as a genuinely smart attitude which enables entrepreneurs to reflect on the learnings and decisions that lie ahead of them. Until yesterday, I could not find the term to define the attitude described above and that you should expect from your investors. Maybe because it’s partly in conflict with the function of investing. But it shouldn’t as Venture Capital follows a simple logic: We are the minority shareholders of early-stage companies, dealing with 80% of uncertainty. We back people going after huge market opportunities and we trust them to build this great venture while protecting the interests of the company first and its shareholders second.
VC Attitude: Altruism By Default
VC Attitude: Altruism By Default
VC Attitude: Altruism By Default
I always tell founders that investors are supposed to provide capital, network and something that I define as a genuinely smart attitude which enables entrepreneurs to reflect on the learnings and decisions that lie ahead of them. Until yesterday, I could not find the term to define the attitude described above and that you should expect from your investors. Maybe because it’s partly in conflict with the function of investing. But it shouldn’t as Venture Capital follows a simple logic: We are the minority shareholders of early-stage companies, dealing with 80% of uncertainty. We back people going after huge market opportunities and we trust them to build this great venture while protecting the interests of the company first and its shareholders second.
Keep reading with a 7-day free trial
Subscribe to Venture Prose to keep reading this post and get 7 days of free access to the full post archives.