Privileged #sales — The true job description of a VC.
▻https://hackernoon.com/privileged-sales-the-true-job-description-of-a-vc-4ea36971490a?source=rs
Privileged salespeople — The true job of a Venture Capitalist.“Technology sales” - by Sophie Keen.The role of VCs within the #startup ecosystem is too often amplified and exaggerated, mostly due to my industry having over-marketed themselves for years. In my attempt to demythicize VCs, in a previous post I concluded how we are no fortune tellers ?, and here I want to share an honest explanation about the most critical part in the job of a Venture Capitalist.To start with, if you were to look at a job description of a typical VC it would roughly compile responsibilities across the following domains:Deal sourcingResearch and market/investment thesis projectsEvaluation and detailed investment due diligenceNegotiation and deal executionPortfolio support incl board responsibilitiesFundraising and (...)