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Just like an employer would like someone with operating experience why do VC's still hire people with none?

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Just like an employer would like someone with operating experience why do VC's still hire people with none?

When I and a colleague both ended up working in the same bank, after 5 years he went straight into a top tier VC. I went to build startups. He got an offer from a top tier VC. I didnt. Why is this? After its very clear that YC who is the best 600BN$ VC has billion dollar exited founders.

Is it cause of the funds investors feel more comfortable?

Could be. Investors should feel more comfortable with operational experienced VCs rather than people who come straight from consultants or banks. The fund WILL perform better. YC has been killing it for years and backs companies like dropbox and airbnb and coinbase - so why do you feel afraid to hire people with operational experience?

YC just hired the 2x Billion dollar founder of Monzo

Get comfortable

We feel strongly about this subject. More VC's should follow the YC model and you will get more exits. Just doing follow on investments in YC companies does not make you a market leader in the subject. Start to operate like one.

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