When I was new at Venture Capital I was trying to figure out the business. It was a fun period for me because everything was new and I was curious. What kind of deals should I be doing? What stage? What price? With which other investors? Should I focus on geographies or industries? Should I trust my instincts for founders and products or should I be more focused on the market size or business plan? One of the major calibration pieces for me was where to find deal flow. As a VC you want to feel like you have “proprietary sources” of deal flow. Otherwise you’re a stock picker, which in this business isn’t a good thing.
To read the original article: Why Early-Stage VCs Should Be Careful About Intros from Bankers - Business Insider
