Hayley Lind | AlleyWatch
Are you an entrepreneur? An investor? Or are you interested in creating your own business? If you have answered yes to any of these questions, then you need to know what venture capitalists do.
The ultimate goal of a VC is to invest in a startup they believe in, which will hopefully become a “unicorn” and make billions of dollars—and the VC will receive a percentage of the profit.
Ernestine Fu, an angel investor in Silicon Valley and a professor at Stanford, and Michael Carter, a technologist and founder of the WebSocket protocol for HTML5, spoke about venture capital at Stanford University in May.
The talk began with the process of getting into venture capital and ended with explaining what successful venture capitalists do today.