Not all startups want a VC in the office with them acting as a "virtual CEO." In fact I suspect increasingly few do.

I totally agree Paul. But that isnt what most good VCs do. They help when needed and get out of the way when they are not

> and get out of the way when they are not

Really? How would you discern that failure mode from all of the other possible startup failure modes?

i'm not entirely sure what you are asking. can you elaborate a bit more please? thanks. fred

Been there, done that, got the t-shirt.

Now onto different and better mistakes.

Very interesting post. If a VC stepping in to save the ship is what's needed, I'd be all for it. I wonder how many Fred Wilsons there are out there though...