If factories and warehouses were the major assets of old economy companies, for new-age tech companies, it is human capital. So much so that venture capital firms are now creating in-house capabilities to look after human capital at their investee companies. “We’ve not frequently seen VCs bring a strong HR person on board for their investee companies, they will bring in someone from a commercial, financial or business background, but not usually HR,” says Yogesh Sood, CMD, BYLD Group, an HR consultancy. Preetam Salian, founder, HiringMonk, echoes this. “VCs don’t usually recommend people for HR. Founders don’t have enough bandwidth as a company grows to more than 50 people, so they eventually hire someone to do the job for them,” he says.
Venture capitalists are helping their investee companies scale up talent
Summer wine and salad
Kishore Singh - January 19, 2015
A double topping for growth
Meghna Maiti - January 15, 2015
Scriptures for success
Kripa Mahalingam - January 27, 2015
Where's the party tonight?
Aditi Saxena - January 27, 2015
The million-dollar question: Is investing a game of luck or skill?
Shankar Sharma - May 04, 2021