How to Become a Venture Capitalist

[californiaspinnaker]

ATTENTION !!!

98% Venture Capital money is lost to sucker investors !!!!

Bryan Schreier

[cheesynounou]

Do you have to be rich to be a venture capitalist?

[5150Revolutionary]

the venus project.

[jackz4555]

Good!

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[womblecarlyle]

This is a great video! Check out the video for our recent FastPitch event on our YouTube page for some additional info on venture capitalist resources.

[fraserweere]

does venture capatilist become very rich?

[audqyee]

@fraserweere

They are already rich. To become a VC, you need a strong financial education and capacity, not to mention experience in dealing with specific businesses. VC's are accredited investors as defined by the SEC. Look up the requirements for an accredited investor and see for yourself how rich they are.

[guitardrummer87]

@audqyee Not necessarily. Someone who has even $100,000 liquid (or less) can become a VC. $100k is nowhere near rich.

[AZsportshut]

@fraserweere if your good they can be very rich.

[Libradiaries]

Do you think if you are on welfare you can start becoming successful by taking your welfare money and investing it into stocks so that you can afford to pay for college and maybe enjoy this life of a possible capitalist?

[pierre23ca]

There are already enough VCs out there. My business (at Pier 23 California; google "Pierre Johnson") is suffering because of all these newbys. I am going under financially because of all these reject college kids. It is becoming harder and harder to get money out of clients because of these bastards cluttering up the airwaves. Leave venture business to those that know what they are doing. You can not be a good VC until you have been a bankrupt and fought your way back; I have done this twice.

[monkeythumpa]

Not sure that bankruptcy is the mark of a great VC, although I appreciate the effort you are putting into your job. It is hard to go bankrupt thrice. I would also refrain from using phrases like "get money out of clients". It makes your clients feel uneasy. Competition is good and if your compeditors really are "hacks" you should be able to close the great ideas out from under them.

[femininegolfer]

your attitude is what effects your company and your life in general. be happy with what you got!

[scrumscrumscrum]

Maybe it's because your businesses suck. Blame yourself for having two failed businesses, not others. This guy seems way more intelligent than you. Fail upon fail may indicate that YOU can't run a business properly. Don't talk trash about this guy, he didn't make your business's fail. YOU DID!

[morgantable]

David... You are such the rock star haha!! The podcast with David is my ultimate favorite - but what do I know, I'm just a medical resident :P It's one of my favorite podcasts to listen to... only with you guys put them out more often.