VC’s Overrated…
Brad Feld had an interesting piece recently that I thought my BootStrapper friends would smile about. It was on the relationship between entrepreneurs and venture capitalists.
When I think about who I spend most of my time with, it's entrepreneurs. When I think about who really drives innovation, it's entrepreneurs. When I think about the core of any entrepreneurial community (or ecosystem, or whatever you want to call it), it's entrepreneurs. When I think about the history (and future) of innovation in the US, it's all about entrepreneurs.
And the Venture Capitalists?
VC's play a role in all of this, but it's one that I regularly feel is dramatically overstated, misrepresented (including by many VCs) and misunderstood.
You can read all of Feld's Thoughts here.
© Jayel Aheram