Venture Capital Followup

 




1) The majority of the work I do is best characterized as

Response Percent
Private Equity Investing 41.8%
Venture Capital Investing 40.4%
Merger/Acquisition Advisory 17.7%
Other 6.4%
No Response 0.0%


2) I have been sitting on company boards for

Response Percent
25 Years or more 3.5%
15 to 25 Years 15.6%
5 to 15 Years 40.4%
Less than 5 Years 26.2%
Do not sit on Boards 14.2%
No Response 0.0%


3) The most successful deal of my career succeeded because of (rank order 1, 2, 3, 4)

Response Percent
Management Leadership 40.1%
Market Positioning 26.8%
Operational Excellence 20.5%
Proprietary Technology 12.6%
No Response 0.0%


4) The least successful deal of my career did not succeed because of (rank order 1, 2, 3, 4)

Response Percent
Management Leadership 44.7%
Market Positioning 23.8%
Operational Excellence 23.9%
Proprietary Technology 7.6%
No Response 0.0%


5) The worst CEO hire we ever made cost the investors (including recruiting, relocation, severance, turnover and bad decisions):

Response Percent
< 500K 9.2%
$ 500K - 1 million 14.2%
$ 1-5 million 22.0%
> $5 million 35.5%
Does not apply 19.1%
No Response 0.0%


6) When evaluating candidates for management positions in our investee companies, we use professional evaluation services/industrial psychologists

Response Percent
Always 4.3%
Sometimes 58.2%
Never 37.6%
No Response 0.0%


7) When hiring a CEO, we use the following (rank order 1, 2, 3, 4)

Response Percent
Advertising 5.3%
Networking 41.6%
Major Search Firm 28.5%
Small/Local Search Firm 24.6%
No Response 0.0%


8) The best CEO I ever participated in hiring was sourced through

Response Percent
Advertising 2.1%
Networking 67.4%
Major Search Firm 18.4%
Small/Local Search Firm 12.1%
No Response 0.0%


9) The best CFO I ever participated in hiring was sourced through

Response Percent
Advertising 1.4%
Networking 74.5%
Major Search Firm 10.6%
Small/Local Search Firm 13.5%
No Response 0.0%


10) The best sales/marketing executive I ever participated in hiring was sourced through

Response Percent
Advertising 2.8%
Networking 66.7%
Major Search Firm 19.1%
Small/Local Search Firm 11.3%
No Response 0.0%


11) The best technical/operational executive I ever participated in hiring was sourced through

Response Percent
Advertising 4.3%
Networking 63.8%
Major Search Firm 12.8%
Small/Local Search Firm 19.1%
No Response 0.0%


12) My experience indicates the best candidates for all senior positions have been generated by (rank order 1, 2, 3, 4)

Response Percent
Advertising 5.0%
Networking 43.9%
Major Search Firm 27.1%
Small/Local Search Firm 24.1%
No Response 0.0%


13) On average, the amount of time spent personally networking prior to retaining a search firm is

Response Percent
A week or two 6.4%
A month or so 61.0%
Several months 27.0%
Never use search firms 5.7%
No Response 0.0%


14) When we use search firms it is generally (mark all that apply)

Response Percent
To ease our time constraints on networking 61.7%
To achieve better industry penetration 68.8%
To benefit from professional candidate screening 52.5%
To gather associated market intelligence 23.4%
Does Not apply 7.8%
No Response 0.0%


15) Our ability to hire outstanding executives has been

Response Percent
Constantly high 9.2%
Generally good 64.5%
Inconsistent 24.8%
Unsatisfactory 1.4%
No Response 0.0%