An exclusive survey of 2,300 top VCs shows that talent acquisition and C-level leadership are fundamental to startup performance. Get the inside story on recruitment strategy from venture capital leaders behind the hottest startups in the business. A new, free report has the full story.
Get your free report now by filling the form >>>
“In this survey, we spoke to VCs that manage a median of 60 companies and averaged $3 billion-plus in closed transactions,” said Tim McIntyre, CEO of The Executive Search Group. “More than 70 percent are primarily involved in technology startups.”
“Once we had the raw data, we went to the phones and directly interviewed key respondents to add insight and perspective to the numbers.”
Top findings in this new report from The Executive Search Group:
- The fundamental job of the CEO is misunderstood, at the risk of the enterprise.
- Timing talent acquisition is crucial. Wait too long and the costs are enormous.
- Drawing talent solely from personal connections can backfire.
In the survey, a broad majority of respondents cited “poor CEO performance” as a source of failure. Nearly half said that personal relationships were an executive recruiting “problem” rather than a solution.
Commonly, respondents said, the skill set necessary to find and retain talent simply doesn’t exist among the kinds of folks who start companies – the founders.
Too often, founders rely on informal networks and familiarity with candidates rather an aptness to the specific challenge.
The results of this important executive recruiting study can be downloaded for free >>>