Or, as Michael Wolfe put it in his awesome talk at our 4th annual SaaS Founder Meetup last week:
All companies start differently but end up the same:
Success depends on hiring and managing a great leadership team.
Given that hiring is the #1 challenge for almost all of our portfolio companies, it has always bugged me that we’re not better at helping our founders find great people. It’s not like we haven’t been trying it and sometimes we’ve been able to find someone in our network for an open position at a portfolio company. But I’ve always wished that we’d be able to provide much more help.
|Jenny sent me two pics ... and|
forgot to tell me that I should pick one. ;-)
PS: Hiring a talent manager isn’t a new idea in the VC world, and large firms like A16Z have built big teams to support their portfolio companies in a variety of areas. We can't compete with that, but we’re a little proud that we’re one of the first (the first?) micro VC funds to invest heavily into this role. :)