INSUBCONTINENT EXCLUSIVE:
As access to top deals becomes more competitive, venture capital firms are creating new roles to attract top entrepreneurs
Now, in addition to recruiting top dealmakers, firms are bringing in culture experts and allocating roles to individuals who better
understand and empathize with the founder journey.In keeping with this trend, Redpoint Ventures, a venture capital firm with roots in
year ago as an entrepreneur-in-residence, will be focused on how founders perceive the Redpoint brand, ensuring each individual moment a
founder spends with the firm is as founder-friendly as possible.Historically, VC firms hired investment partners to network, invest in
Increasingly, these same firms are identifying new talent to provide to founders more attention, resources and support through the
company-building process as a means to win access to top deals.Earlier this month, True Ventures hired its first-ever vice president of
for his part, will have a host of responsibilities, including supporting existing programs and services tailored to the needs of portfolio
Basically, Bryant will think through all the ways Redpoint can leave a positive, lasting impression on the companies it invests in and even
venture capitalists would steer away from the cult of the founder mentality amid the WeWork saga of 2019
Arguably, tech-founder worship allowed WeWork to garner a baseless $47 billion valuation as a result of the billions in equity funding its
founder used to purchase a private jet, make several poorly thought-out acquisitions and commit other irresponsible acts that resulted in a
To that point, Bryant says his role is less about the founder and more about creating an environment that fosters more human-to-human
