Venture capitalists who are serious about turning their firms into more than one-fund wonders may want to have their associates actually start and run a company for a year.
Running a company is distinctly different from simply having operating experience, such as working in business development, sales or marketing. None of that can compare with being the CEO of a startup facing challenges such as a rapidly diminishing bank account, your best engineer quitting, working until 10pm and rushing to the airport and catching a redeye for a “Hail Mary” close of a customer, with your board demanding you do it faster.
To read the full, original article click on this link: How to be a better venture capitalist: Run a startup | VentureBeat
