%0 Journal Article %A Fred Dotzler %T What Do Venture Capitalists Really Do, and Where Do They Learn to Do It? %D 2001 %R 10.3905/jpe.2001.319997 %J The Journal of Private Equity %P 6-12 %V 5 %N 1 %X To many outside the venture capital industry, the job of a venture capitalist and the skills required to perform effectively are arcane. A venture capitalist's major activities are identifying investment opportunities, evaluating them, negotiating the terms of investments, helping to build successful companies, and finally, liquidating the investments. The function of managing a venture capital partnership calls into play a different set of proficiencies. Requisite skills for the venture capital arena can be learned best by pursuing a variety of career steps. %U https://jpe.pm-research.com/content/iijpriveq/5/1/6.full.pdf