What Is the Role of a Venture Capitalist?
Venture capitalists help start-up businesses have enough money to build a company. A venture capitalist works for a venture capital firm and raises funds to then invest in new companies. In return, the venture capitalist hopes to make a large return on the original investment.Role of Venture CapitalistsThe most important role of a venture capitalist is to first get money to invest in companies. This money is raised from private investors or groups, such as pension funds.DevelopmentBusiness development is a key role of a venture capitalist. The venture capitalist needs to constantly be meeting people and networking to know about new developments in business and potential investors.Finding CompaniesThe venture capitalist has to find companies to invest in. These companies are usually just starting out. The venture capitalist determines if he thinks the company has a great potential to do well and make money.Time FrameA venture capitalist invests in a company for years.