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Beware the Arrogant Venture Capitalist

Their weaknesses may vary , but there's typically a common characteristic not-great venture capitalists share: arrogance.

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This story appears in the April 2009 issue of Entrepreneur. Subscribe »

Early in my entrepreneurial career, I didn't really know what to make of venture capitalists. All I heard was that they were scary people who wanted to take over your company and screw over entrepreneurs. In my first business, I deliberately stayed away from venture capitalists. Never in my wildest dreams did I imagine someday becoming one.

Much to my surprise, being a venture capitalist is a perfect role for me. While a number of the venture capitalists I know and work with are great, many aren't. Their weaknesses vary, but there's typically a common characteristic the not-great venture capitalists share: arrogance.

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