At times VC’s forget who their business is built on.
Nice Car
Last week in a car showroom of all places I ran into a VC who I hadn’t seen in ten years. He had sat on the board of my last company and we chatted and made small talk as he was admiring a new car.
It was clear that he had no memory of a phone conversation my partner and I have never forgotten.
Big Name CEO
It was the Internet bubble and after almost three years our startup had found a business model and we were scaling revenue and headcount fast. Our second round of funding was from a firm and VC whose names were household words. This partner lived up to his reputation and helped us hire an experienced, world-class CEO from a large consulting company that we thought would be the guy to take our company to a billion dollars (think Internet-bubble Kool-aid.)
To read the full, original article click on this link: You’re Just the Founder « Steve Blank
Author: steveblank
