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Venture Capitalists Are Looking for Failures

Women on Business

According to an article in the April issue of Harvard Business Review , “Failing By Design,” many venture capitalists won’t invest in a new enterprise if the founder has never undergone failure. But I know the key now is to manage for failures. In other words, they are looking for… failures! But, no one WANTS to fail!

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Gray Versus Green: Who Makes the Better Start-Up CEO?

N2Growth Blog

” said venture capitalist Vinod Khosla in 2011. While there are arguments to both sides of the early career versus experienced CEOs, when considering the less fully developed prefrontal cortexes of younger CEOs, we assert the following trait comparison. People over 45 basically die in terms of new ideas.”

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Timeless Advice for Beginner Entrepreneurs

thoughtLEADERS, LLC

Today’s post is by Mike Figliuolo, Managing Director of thoughtLEADERS. Although this interview took place eight years ago, I believe all the guidance is just as relevant today as it was when I first said it: When do I talk to the venture capitalists? Don’t know where to start? Five years from now. Then friends and family.

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Leadership Development as a 5 Year Journey

Great Leadership By Dan

If you were to go to a bank or venture capitalist and ask for funding to start your new business, they would never accept a one-year business plan. Work with my manager and an executive coach to help me identify leadership development goals that are aligned with business goals.

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When You’re Pushed Outside Your Comfort Zone

Harvard Business Review

Executive coach and former venture capitalist Jerry Colonna takes questions from listeners struggling with stretch responsibilities.

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How to Put Yourself in a Position to Win!

Marshall Goldsmith

One of my coaching clients is Dan Levitan, managing partner of the venture capital firm Maveron. Marshall: One thing that I love about what you are do as a venture capitalist is you grapple with the fact that most investments fail. I’ve learned a lot from coaching Dan, including the importance of taking risks.

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Venture Capitalists Get Paid Well to Lose Money

Harvard Business Review

LPs pay VCs like asset managers, not investors. This fixed 2% fee structure creates the incentive to accumulate and manage more assets. Investors have perpetuated a compensation structure where VCs can generate significant personal income over their career, even when they make no money for their LPs.