While I don't agree with the original point either, VC's most definitely hold a leadership position within a company. After all they always a board member and two or three VC's typically represent the majority shareholder block.
I've seen it go both ways. I've seen VC's lead companies to huge exits, as well as lead companies straight into the ground.
i did not consider the fact that they hold a board position and represent the majority shareholder block and because of that they have an influence on the company culture. i was wrong and retract my statement accordingly.
Comments
While I don't agree with the original point either, VC's most definitely hold a leadership position within a company. After all they always a board member and two or three VC's typically represent the majority shareholder block.
I've seen it go both ways. I've seen VC's lead companies to huge exits, as well as lead companies straight into the ground.
i did not consider the fact that they hold a board position and represent the majority shareholder block and because of that they have an influence on the company culture. i was wrong and retract my statement accordingly.