
20VC Roundtable: Why Early Stage Founders Should Not be Investing, Why Great Founders Have Low EQ, How the Structure of VC Firms Will Change, Will Founder-Led Funds Compete with Sequoia & Is Investing a Team Sport?
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
The CEO's Responsibility and Priorities
The CEO's main focus should be on managing the company and fulfilling the responsibility that comes with raising institutional funds. While it's important for the CEO to prioritize the company in crucial situations, managing institutional funds is also a significant responsibility. For the success of the fund, it's beneficial for the CEO to devote time and attention to it, as it can lead to better opportunities and outcomes. However, it's essential for the CEO to balance their commitments and not neglect their duties to either the company or the fund. Ultimately, the CEO's main priority should be to ensure the success of both the company and the fund, as neglecting one for the other can lead to dissatisfaction among investors.