When funders turn founders: What happens when VCs don the entrepreneurial hat

In the early ’90s, when Bala Parthasarathy was taking baby steps in his maiden entrepreneurial journey, he would exhibit unbridled exuberance and passion and excitement — not unusual in young entrepreneurs in their 20s. Also not unusual was Parthasarthy’s view of venture capitalists as “vulture capitalists”.

After over two decades as a serial entrepreneur — his biggest claim to fame being co-founding digital photo printing service Snapfish in 2000 in Silicon Valley, which was acquired by Hewlett-Packard in 2005 — Parthasarathy swooped on a profession he wouldn’t have come close to in his 20s: venture funding. In 2011, he joined Prime Venture Partners, an early-stage VC firm, as a managing partner. In the five years, since he reckons he has equipped himself with a key weapon missing in his armoury: “the right perspective”.

Source: https://economictimes.indiatimes.com/small-biz/entrepreneurship/when-funders-turn-founders-what-happens-when-vcs-don-the-entrepreneurial-hat/articleshow/54755289.cms