The WSJ has a somewhat harrowing piece on bored VCs “adding value” to their investments. The examples are entertaining, including some VCs going so far as to run management courses for their CEOs.
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VCs and the Added Value Thing
By · March 13, 2006 · ·
the most help entrepreneurs need at least when it comes to enterprise start ups is customer access…most Vcs with exceptions like Ray Lane promise that but really do not do much…mining rolodexes, providing adult supervision to sales teams, comfort to CIOs looking for gray hair etc is worthwhile…