What VCs sound like to normal people

Earlier this year, I had coffee with the chief investment officer of a large public pension fund. His fund doesn’t invest directly into venture (they have a fund of funds position instead), so my new CIO friend doesn’t usually get pitched directly by VC funds. He doesn’t spend a ton of time in tech circles either.

When he does dip his toe in VC waters, he gets culture shock. 

“I have trouble understanding VCs,” he said. (I’m paraphrasing.)

By his estimation, people in traditional finance are easier to read.