Tweet

Former VCs Discover Entrepreneurship is Hard Work, and VCs are Assholes

Written by: Paul Kedrosky

Article Overview: 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.

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.''

Related Articles
  LinkedIn and the Art of Avoiding an Asshole Boss
  18.0 Conclusion: Entrepreneurs and entrepreneurship in Africa
  Is Your Boss an Asshole?
  17.0 What Needs to be Done - Mainstreaming Entrepreneurship: Entrepreneurs and entrepreneurship in Africa
  California's Not a Big Entrepreneurship State

Article Tags: chairs, compensation plan, long time, marketing company, san francisco, sj merc, startups, valenti, venture capitalist



Related Forum Posts
Re: Five Personality Traits of Successful Business Owners - 1. Focus 2. Ability to Adapt 3. Hard Work 4. Good planning 5. People Skills
Re: Vera Wang Profile - I too love this kind of success story Evan, I especially liked the article 'Nothing Replaces Hard Work', I can relate to a lot of things in there, take care Carol
Books for Women Entrepreneurs - There's a thread for good books in the Resources folder, but it doesn't target books for businesswomen particularly, so I figured I'd start such a thread here. It doesn't matter how successful you are in your business - it's always possible to learn something new. In subsequent posts I give Table of Contents and brief descriptions for various titles - most of them devoted to the businesswoman - and sometimes a review. If anyone else has read a review, or has read the book and found it useful, please comment! 1. The Old Girl's Network 2. Mother's Work 3. The 7 Greatest Truths About Successful Women 4. Pitch Like A Girl 5. Workplace Warrior 6. Treasure Hunt: Inside the Mind of the Modern Consumer 7. Contingency Planning & Disaster Recovery 8. She Wins, You Win 9. Napoleon On Project Management 10. Why Good Girls Dont' Get Ahead, But Gutsy Girls Do 11. Comeback Moms: How to Leave Work, Raise Children, and Restart your Career even If you Haven't Had a Job in Years 12. The One Minute Millionaire 13. Talking From 9 to 5 14. Soloing: Realizing Your Life's Ambitions 15. 101 Best Home Based Businesses for Women: Everything You Need to Know About Getting Started on the Road To Success 16. Work With Passion: How to Do What You Love for a Living. Revised and Expanded 17. Fail-Proof Your Business: Beat the Odds and be Successful 18. Confidence: How Winning Streaks and Losing Streaks Begin and End 19. Women Don't Ask: Negotiation and the Gender Divide 20. Millionaire Women Next Door: The Many Journeys of Successful American Businesswomen 21. Start Small, Finish Big: Fifteen Key Lessons to Start - and Run - Your Own Successful Business 22. Rewired, Rehired or Retired: A Global Guide for the Experienced Worker 23. The Martha Rules: 10 essentials for achieving success as you start, build or manage a business 24. The Essentials of Entrepreneurship: What it takes to create Successful Enterprises 25. Net Ready: Strategies for Success in the E-conomy 26. The Promotable Woman 27. Leave The Office Earlier: The Productivity Pro shows you how to do more in less time and feel great about it 28. The Work At Home Balancing Act: The professional resource guide for managing yourself, your work, and your family at home 29. Secrets of Six-Figure Women
Re: Hi there! I'm Shanuna Cortez - Welcome Shanuna to the club. We will like you to post and let us know more about British Entrepreneurship Society
Re: Hello everyone! - Hi Michelle, Welcome to the club. You will find all the information you need on Entrepreneurship here. What are your business?


Share this article with your friends. Fund someone's dream.

Leave a comment below or share on the left and you'll help support entrepreneurs in Africa through our partnership with Kiva. Over $50,000 raised and counting - Please keep sharing! Learn more.

Tweet

Newsletter

Get advice & tips from famous business
owners, new articles by entrepreneur
experts, my latest website updates, &
special sneak peaks at what's to come!

Name:
Email:

Popular Articles

Qualities of Leadership Part 1

Reverse Mentoring

Stress: What Causes It and How To Deal With It

Suggestions

Email us your ideas on how to make our
website more valuable! Thank you Sharon
from Toronto Salsa Lessons / Classes for
your suggestions to make the newsletter
look like the website and profile younger
entrepreneurs like Jennifer Lopez.