Most Important Skills For A Managing Partner At Hyperspace Ventures
Hyperspace Ventures' Managing Partner, Peter, emphasizes the crucial need for strong interpersonal skills, including "managing expectations" and translating "layman's terms into technical needs," when working with early-stage entrepreneurs. The ability to maintain a "macro view" of market viability, looking beyond immediate product needs, is also vital for success in this role.
Communication, Project Management, Executive/Leadership, Problem-Solving, Interpersonal Skills
Advizer Information
Name
Job Title
Company
Undergrad
Grad Programs
Majors
Industries
Job Functions
Traits
Peter Fox
Managing Partner
Hyperspace Ventures
University of North Carolina - Chapel Hil|, 2017
N/A
Business Management & Admin
Finance (Banking, Fintech, Investing), Technology
Business Strategy
None Applicable
Video Highlights
1. Empathy and understanding of entrepreneurs' perspectives
2. Macro-level market analysis and viability assessment
3. Interpersonal skills to manage expectations and translate technical needs
Transcript
What skills are most important for a job like yours?
We're fortunate that between the four partners, we have complementary skill sets. The overlap lies in our ability to step back and manage from a higher level.
When working with early-stage entrepreneurs, they often want everything immediately. So, it's important to be diligent about managing expectations. We need to be empathetic and understand their vision.
Then, we also need to have a macro view: Will the market adopt this? Is it viable? This requires interpersonal skills to manage client expectations and truly understand what they're saying.
We translate their ideas from layman's terms into technical needs, working on both the technical and interpersonal sides. Beyond that, when we're product-focused, we look beyond immediate needs to see what the market is looking for. This means having that macro view beyond just the immediate product requirements.