Dana Mead from Kleiner Perkins on understanding venture capital [video]

From time to time I come by videos of talks that VC’s or entrepreneurs have done, and they’re absolute boring snoozefests. Although, once in a while I find a true gem like this one.

In a talk last month with the Stanford University Technology Ventures Program, Dana Mead from Kleiner Perkins Caufield & Byers breaks down everything from how venture capital works to how firms deal with founders and scaling its investments.

Mead provides some awesome insights into what it takes to turn a newsworthy investment into a huge return for a firm like KPCB. Of course, being the group that placed a big bet on Google, they know a thing or two about the subject. This video is great for people on both sides of deals in tech.

At the 40 minute mark, Mead discusses a touchy subject, bringing outside management into a company to take it to the next level. This is of course the part where some founders end up leaving the company out of frustration.

Sit back and learn from one of the masters.