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Heh, thanks Greg. I may have not expressed it clearly, but when I say "compensation", I mean something that compels the talent you're hiring away from other ind
by azeemansar 16y ago
Heh, thanks Greg. I may have not expressed it clearly, but when I say "compensation", I mean something that compels the talent you're hiring away from other industries. I think something like student loan subsidies could be very doable for a VC fund with hundreds of millions of dollars in capital. It sends a strong and serious signal IMO.
I think that's what it's really about, the messaging. It's just easier to market the names of a lot of these VC funds and the experience/track record/millions of $s that come with them, than it is to market their portfolio cos. It's a better hook; and on the other side of it all, venture funds SHOULD care about developing junior talent, and actively building the next generation of founders, entrepreneurs, etc etc. I just can't possibly imagine how any of this ends up being a bad thing.