. . . I recommend reading two books that reveal the inner workings of venture funds:
Another one I purchased but haven’t read yet is Breakfast at Buck’s, a book by Jamis Macniven, owner of Buck’s Pancake House in Woodside, California. This restaurant is perhaps the #1 lunch/meeting spot in the world for venture capitalists.
I think it is important to understand the mindset of venture capitalists and the intense pressure that they operate under to perform for their limited investors. I think it’s also instructive to understand their selection criteria for even looking at a deal in the first place, and a bit about how competitive they are with other VCs, and sometimes how they do admittedly have a herd mentality.
72 total views, 1 views today