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Andy Rachleff on Investing, Company-Building & Product Market Fit… Lessons from Wealthfront & Benchmark

Village Global Podcast

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Venture Capital Firms Want Operating Experience

As a founder now, has your vision changed on what you look for in an investor? And what will be your answer to that? We know when going out to raise captal or advising your students, they are now founders. Well, you want someone who really believes in you, not in your plan, because your plan is going to change. As as i've been in the venture capital business, firms have wanted people with operating experience. But ders actually may, usually, maye terrible venture capitalists,. Because operating, what you learn in an operating role, has nothing to do with investing. The reason that operating experience is so valued by venture capital firms is that it's a proxy

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