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Should VCs Replace Founders in a Downturn?
Yahoo Finance
By Sarah Lacy
April 28, 2008
Management best practices may not sound like a sexy topic, but mention it to a couple of VCs and they suddenly get very excited. Founders love to complain about investors letting them down, but what about venture capitalists who have to live with inexperienced entrepreneurs? Sharon Wienbar of Scale Venture Partners and Pascal Levensohn of Levensohn Venture Partners debate the age old venture capital question of which matters most in a downturn: naïve enthusiasm and vision or the experience that comes with grey hair. Their answer may surprise you.
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