UCSD alumnus Mark Suster shared some good insights about venture capital and venture capitalists with our UCSD leadership retreat this morning. This earlier post of Mark’s from his “Both Sides of the Table” blog gives you a good idea who we heard from today, and I think you’ll enjoy what he has to say about leadership, entrepreneurship and, yes, venture capitalists:
Lately the topic of leadership & teams has been coming up a lot in my daily life. Some investors are team focused, others market focused, others seems to look for product / market fit. I’m in the team centric sphere so every investment decision I make first & foremost centers on this plane. Only then can I even care about product, market or their nebulous “fit.”
It’s my belief that through exceptional leadership you attract great teams that do more than the sum of the parts. Nearly every company faces its crisis moments and only through the inspiration, focus and dedication of the leadership can you motivate teams to dig in deep and come out the other side stronger.