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Picking Winners – and Good Partners
What kind of business gets a venture capitalist’s attention? According to Rory O’Driscoll, Managing Director of Scale Venture Partners, the kind that has a chance of getting very big, very fast, and not only by dint of hard work.
O’Driscoll explains the importance of entrepreneurs backed by strong investment partners and mega-trends, the awkward conversation that takes place when a CEO asks an investor to become a board member, why it is destructive for the founder and board to have divergent strategic visions, and why the VC/entrepreneur relationship is not all about “touchy, feely stuff.”