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I’ve had a post in my head for months – maybe longer – about the role of a CEO.   It originally appeared on TechCrunch as a guest post but just in case you missed it there.  My primary role was “chief psychologist” and as I’ve learned over the past few years the same has been true as a VC.  Both are basically people businesses.

I finally got around to writing it having read Fred Wilson’s post about what a CEO does.  He says it basically comes down to three key functions:

  • Sets the overall vision and strategy of the company and communicates it to all stakeholders
  • Recruits, hires, and retains the very best talent for the company.
  • Makes sure there is always enough cash in the bank.

To read the full, original article click on this link: My Life as a CEO (and VC): Chief Psychologist | Both Sides of the Table

Author: Mark Suster is a 2x entrepreneur who has gone to the Dark Side of VC. He joined GRP Partners in 2007 as a General Partner after selling his company to Salesforce.com. He focuses on early-stage technology companies. Read more about Mark.