8/11/2004

For Love or Money

Serial entrepreneur Jack Roseman states in an article published in the Pittsburgh Post-Gazette:

"When I started into business, I had some feel for how to handle customers, suppliers, employees and competitors. But when I got to the point of going after big money, I found I didn't understand venture capitalists. And that's a serious handicap if you want to get your company on the New York Stock Exchange, as I did."

He goes to explain that the reason venture capitalists are so hard for entrepreneurs to understand is that there is a fundamental disconnect in intention. Venture capitalists are in it primarily for the money and entrepreneurs for the love of the challenge. You may read the full article here.