now that many VC firms call everyone a partner, it's become much harder for entrepreneurs to figure out who can make a funding decision.
Jul 13, 2014 · 10:55 PM UTC
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@sama well it doesn't take a genius to figure out that the guy fresh from 1 year at McKinsey probably doesn't call the shots
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@sama also just check their fundraising prospectus. VCs don't generally lie to their LPs
@sama agreed. a16z are particularly bad at this, makes job titles meaningless.
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@sama entrepreneurs will need to learn how to determine buying/investing power without titles, a skill that is useful in many other areas
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@ben_mathes @sama wall street titles are standardized so everyone knows an Investment Banking VP = MBA + 3-6 yrs. Not so with VC "partners".
@ben_mathes @sama VC titles will likely stabilize too. We're just going through an inflationary period.
@sama the entire funding process is opaque. Favors those who can navigate it; not necessarily indicator of company quality.
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