Mike Lynch: lack of VC operational talent is a 'massive issue'

The lack of operational talent among venture capital firms is a "massive issue", according to entrepreneur and Autonomy co-founder Mike Lynch.

"It's not just that they haven't worked in startups. It's worse than that. They haven't worked in anything other than financial services," he told Wired.co.uk. "Synthesis and analysis are fundamentally different skills."

He added that he felt that the UK had "gone backwards" in this regard, saying that Apax partners "were all ex-industry people" but that the VC community is now driven by people from financial services.

By: Olivia Solon, Edited by: Ian Steadman

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via Wired.co.uk



http://www.wired.co.uk/news/archive/2012-11/09/mike-lynch