All kinds of people come to Buck s entrepreneurs, parents with kids, graduate students from Stanford, guys in pickup trucks. And lots and lots of venture capitalists and entrepreneurs. Think about this behavior for a moment. Many times I have sat in one of the brown leather booths at Buck s and overheard things that I should not have heard about corporate mergers, or the potential firing of an executive, or just some juicy gossip all the while munching away on my pancakes. I ve got my own theory.
Venture capital is hard.
It s stressful. It s lonely. Decisions that you help to make may lead to millions of dollars of loss or profit for your firm to say nothing of the lives of people whose jobs partially depend on what you decide. The managers of the companies that we fund marvel at this herding behavior. An entrepreneur can schedule numerous meetings sometimes up to four in a row for one day, and just zip up and down Sand Hill Road to get to them.