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VCs are generalists, and other lies
- neworbit 16y agoThis is ideal! VC generalists may be successful businessmen in the general sense, but investors who don't know your industry are inherently dumb money regardless of how much they swear up and down that they bring value to the table.
- pgroves 16y agoIt depends on your definition of 'generalist' and 'specialist'. To an engineer working on the low level details of a product that matches the specifics of the market to the specifics of the technology, a V.C. claiming to be a specialist b/c their rolodex is predominately in their industry will cause a lot of eye-rolling. It's all relative.
- neworbit 16y agoSure - but the VC isn't going to come write code for you, whereas if he can connect your sales team with the right customers, that beats the pants off someone who just flat doesn't know your space.