It’s entrepreneurs that make companies successful … not investors.
Investors in Venture Capital talk a lot about their value add and some make it sound like they are the ones who make companies successful. I am not a big believer of this marketing blabla.
It’s entrepreneurs that make companies successful. An investor might help here and there with some valuable input, an intro to a potential employee or customer or various other forms of support — but it is not those things that ultimately make a company successful. It’s the daily work of the entrepreneurs, management team and employees that is the foundation and driver of any success.
What I have however seen is investors making companies unsuccessful and ultimately fail. Actually this is rather easy for an investor to do, despite wanting achieve the opposite with their actions…