Silicon Valley VC: Treat entrepreneurs with VC money is not the soul sold to the Devil

This week some prominent figures in the venture capital industry have expressed their views on a number of issues in this field, which have taken place on different occasions, but can give them room to think.

First Http://www.aliyun.com/zixun/aggregation/13383.html ">spark Capital Venture partner Bijan Sabet to declare their company, Take a different approach to the VC circle. In the VC circle, investors will ask the founders and employees of the new company to sign a competition agreement. But Spark has not done so many years ago, and this has left them with a lot of discontent in the field. While many investors say they want to be kind to entrepreneurs, there is little that can be done. Sabet thinks this kind of entrepreneur unfriendly to the whole industry influence is very big, he once listened to the entrepreneur said, took the VC money is like to sell the soul to the devil.

In the days after Bijan Sabet's statement, Foundry Group's partner Brad Feld posted a blog post with the name "Dear VC, what happens when you inconsistent." Feld thinks there are a lot of investors in public that are constantly saying they want to be kind to entrepreneurs, but that's not the way it is in private. Feld's article wrote: "Unfortunately, there are many very successful people who do not understand and disagree with the value of deeds." They put a lot of time into public performance. But their true actions and statements are completely mismatched. If this continues, it will actually have a bad effect on their reputation. ”

Roy Bahat, a partner of Bloomberg's Beta company, said the relationship between investors and entrepreneurs was "naturally unbalanced". One of them is doing a good job in finance, and the other side is not. Bahat wrote: "The best way to get rid of this imbalance is to trust." Entrepreneurs have to trust investors to think for themselves, and investors have the same trust in entrepreneurs. ”

In order to achieve this trust, Bloomberg's approach is to achieve full transparency. They also put these ideas on paper and posted them directly on the GitHub. Roy Bahat says this will give them more trust, and this has happened many times. Doing so will allow more trust between entrepreneurs and investors.

VC Face the requirements of success, will be under great pressure. But this kind of pressure can be released by doing something serious in this field. VCs demand financial benefits, but they need to weigh both short-term and long-term interests.

Investors such as Sabet,feld and Bahat say they are willing to work under higher standards, although they will face great pressure. And not just talk about it, but has been published, the credibility of their own, and continue to take action.