Venture capital survey reveals expectations gap between CEOs, VCs
A survey of CEOs and venture capital players reveals the gap between what CEOs want from their backers and what VCs think CEOs want.
A survey of 158 CEOs and 216 venture capital firms revealed a large gap between the chief executives' wish list for potential backers and what VCs think the CEOs want.
Startup CEOs in the IT and life science industries want VCs who are "entrepreneur friendly" and "collaborative" without being too hands-on in their approach, according to a survey sponsored by the National Venture Capital Assn.
And proximity trumps reach when it comes to location, with CEOs preferring VC shops with a presence in their area to VCs with bureaus around the globe, according to the survey.