So You Want to Be a Venture Capitalist

I enjoyed reading an article in the Sunday NY Times entitled "So You Want to Be a Venture Capitalist", in large part because I've long entertained an interest in becoming a venture capitalist, but also because it gives you a sense of a few of the "fault lines" in the venture capital sector today.

 

Buried in the article, near the end, is an extremely important phrase that describes the essence of venture capital: "the ability to assess whether there's a market for something."  There are many factors that go into achieving success with venture capital, but market demand is the king of the hill.

 

-- Jack Krupansky