One of the questions I’m most often asked is, “what’s it like being a VC?” I’ve been a VC for nearly 3 years now. Since I answer this all the time anyway I thought it might make an interesting blog post. I always start my answer to this question with, “you’d have to be a pretty big baby to complain about being a VC.” That’s true. Here’s why:
1. I get paid (well) for interesting people to come in and tell me how they want to change the world – Being an entrepreneur is like having blinders on. At least for the best entrepreneurs. Some people do the conference circuit too much, get involved in lots of side projects and attend every entrepreneur dinner. For me that’s always a bad sign. When I was running startups I felt like a horse with blinders on because I was super focused on the content management market and ignored many other markets.
One of the things that I’m loving about this side of the people is that it really satisfies my intellectual curiosity. People come into my office several times per week and tell my about their plans for changing the world. They outline the problems that exist in markets, their approach to the solutions, they update me on competitors and they show me their economic models. We have debates about how the industries will change / evolve. It is the equivalent of going to a coffee shop every day and having intellectual debates. In fact, I often take meetings in coffee shops. I LOVE this part of my job.
To read the full, original article click on this link: What’s it Like Being a VC?