| Topic Name: |
Majors for VC |
| Message Name: |
"operational" means... |
| Date Posted: |
04/23/2001 |
| In Reply To: |
I am an MS Biochem looking to one day get an MBA and move into VC. I have heard a lot that "operational" experience is what VC requires, but I am a little confused what is meant by "operational". As a MS scientist I've been doing research and quality control oriented jobs at two different mid-size biotechs. Is this considered operational? Or do I need to transition into business development/licensing/marketing at a start-up biotech firm?
Thanks. |
| Message: |
You need to transition into business development/ Sales (yes I wrote Sales) / or marketing at a biotech firm. It does not have to be a startup as you can be entrepreneurial in big firms as well. The important thing is that you have to understand your customers, and the business you are in. As a VC you will have to make decisions on the commercial viability of a startup.. how will you be able to do that if you have never run a business?
good luck
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