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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.

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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.''

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Home > Entrepreneur-Advice > Paul Kedrosky > Former VCs Discover Entrepreneurship is Hard Work and VCs are Assholes
Article Tags: chairs, compensation plan, long time, marketing company, san francisco, sj merc, startups, valenti, venture capitalist

About the Author: Paul Kedrosky
RSS for Paul's articles - Visit Paul's website

Dr. Kedrosky is currently the Executive Director of the William J. von Liebig Center in San Diego, California. Using an innovative seed capital program, the Center catalyzes the commercialization of technologies from the internationally-ranked University of California, San Diego. Dr. Kedrosky is also a venture investor with Ventures West, Canada's largest institutional venture capital firm, where he is most active in consumer technologies and software. He is currently on the board of Marqui Corporation, a marketing automation software company.

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