Although VC money is not a fit in all cases, the lessons from VCs and the entrepreneurs they work with are useful in a broad range of businesses
This is a post by guest blogger Jeff Bussgang.
“I’ve decided to write a book,” I told my wife over a year ago.
She gave me that what-the-bleep-are-you-talking-about look. You may be familiar with it with your spouse.
“I’ve decided to write a book,” I repeated, slightly less confidently.
“Venture capital and entrepreneurship.”
“Well, when I was an entrepreneur, I couldn’t find any good books on how this mysterious capital-raising process worked and how to harness the resources and knowledge of the VC industry to help build my start-up. Now that I’ve seen it from the other side, I want to explain to entrepreneurs how it all works to help them be successful. There are good blogs out there, but no good books that pull it all together.”
“When are you going to find the time to write a book?” she challenged.
I didn’t have a very good answer for that one.
But somehow I’ve figured it out over the last year plus and am pleased to report that my book, called Mastering the VC Game, will be coming out this spring from Penguin’s business imprint, Portfolio.
I’ve gotten wonderful feedback from dozens of insightful entrepreneurs and VCs, many of whom I interviewed for the material, as well as the support of my partners and my family.
In the next few blogs, I’ll talk a bit about who I interviewed, what I learned and what lessons might be useful to entrepreneurs.
Although VC money is not a fit in all cases, the lessons from VCs and the entrepreneurs they work with are useful in a broad range of businesses.
So stay tuned for more information.
But first, here’s a question I’ve been wanting to ask - if you could interview a bunch of VCs and entrepreneurs and get them to disclose how they practice their trade, who would you want to interview?
I’m curious to see if I selected the right ones.
Serial entrepreneur Jeff Bussgang is a partner at venture capital firm Flybridge Capital in Boston. Follow him on Twitter @bussgang.