Communicating with customers, clients, users, co-workers, bosses, vice presidents, CEO's, board-members, VC capitalists, all will become important at some point in your career.
The philosophical distinction between PE and VC helps explain why Wall Street investment bankers often make terrible venture capitalists, and vice versa.
If a corporate investor intends to acquire a company, its valuation expectations will be different from that of traditional venture capitalists who want to maximize their investment, said Paul Lee of Lightbank, an early stage VC firm in Chicago.