Meaning well, doing harm (or why VCs need to go away sometimes)Posted: October 22, 2014
Especially if you are passionate about your companies as an investor it is very easy to do this. Say the company is going through a rough patch. You want to help. You start kicking in to action: weekly calls to ‘help’, scrambling to make emergency hires, a firework of intros to people that can ‘help’, etc.
It is the right attitude and it works a lot of times. Sometimes however it is just making things worse and a huge distraction to the team. In those cases where the team has a good plan, the right capabilities and mindset you often just need to show you trust the team, give them confidence and get out of the way.
Otherwise you are meaning well but doing harm.