This is a fun article – Venture capitalists switch to startups, MANY ARE SURPRISED BY TYPE OF WORK. It reminds me of the battle of “staff” vs. “operating” functions. Both have their own issues 🙂 Here are some excerpts….
Former VCs Discover Entrepreneurship is Hard Work, and VCs are Assholes: “Funny article in the SJ Merc about VCs turned entrepreneurs newly discovering that a) startups are hard work, and b) many VCs are clueless assholes. Nothing like being whacked in the head by reality to learn things that the rest of the startup world knew a long time ago.
‘I had no idea of the number of details that I’d have to deal with every day,” said Doug Valenti, a former venture capitalist with Rosewood Capital in San Francisco who founded seven-year-old QuinStreet, an online marketing company. ‘From what kinds of chairs do you order to how do you get the rooms wired to how do you ensure your compensation plan is comparable to other companies, it’s an endless list.”