| Topic Name: |
CPA wanting to do VC |
| Message Name: |
mermaid? |
| Date Posted: |
05/04/2000 |
| In Reply To: |
Go see your guidance counselor! I'm not really trying to be mean but it sounds like you need to take a vacation and evaluate what's important to YOU. |
| Message: |
The nasty last post is partially right, you need to deiced what you like to do and why, just deciding you want to be a VC is a little like my Nice who wants to be a princess (or was that a mermaid).
Anyway getting to your specific questions. Yes, being a CFO at a start-up, and having contributed martially to its growth, guided it through the various capital market events, and a successful exit, would add greatly to a VC candidates background. Being the entrepreneur who came up with the idea and executed it is better yet because the general business sense and savvy are important, accountant tend to think they have this skill and rarely do. That is just part of the equation, there is no formula to being a VC. It takes a combination of innate skills and relevant experiences many of which are rather intangible, and as has been mentioned on this board previously, it is sometimes a career that is backed into (often by serial entrepreneurs).
As a final thought you would most likely have to work as a Controller ( if not in title at least in function). Before you would make an effective CFO.
VCs tend to hire very bright, well connected, experienced folk who are bring a lot to the table and do not generally train on the job.
There are many exceptions but rally know what you want and what you like or it will probably not work out.
Just one mans opinion
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