What tech firms do VCs choose to invest in?
Interview with Ramana Jampala at SAS Investors, 2006, Columbia Business School Who will VCs choose to work with? Good Teams Assessing the team is often more important than the business thesis itself. It is standard for investors to place heavy merit on the value of the management team they are reviewing. Relevant industry experience is critical but some investors feel that they are not truly comfortable with the team unless they have specific experience successfully running a similar early-staged company in the same sector, even going to far as to seek out entrepreneurs with established track records looking for a 2nd home run. Good Technologies It is interesting also to note how important qualitative factors have become in screening management teams. Mr. Jampala also noted that people seeking funding for their business should appear dedicated and “hungry” to succeed. This is what compels investors to put their money and faith in potential management team. While this may not be a rad