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He also has operational experience and spent six years as finance director in two medium-sized private companies in retail and manufacturing sectors.
She has operational experience.
A board member joining who has experience, has operational experience, is important.
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When choosing partners, Mr. Khosla said his top priorities were finding people who had operational experience inside companies, not just M.B.A.'s, and technical expertise, two qualities he said were all too rare in Silicon Valley these days.
"Their interest in me seemed to stem from the fact that I've spent most of my career either in management or as a board member at mobile OS companies – [Nokia's] Symbian, Microsoft, Trolltech – and because I have operational experience with open source and crowdsourcing (Trolltech and Cloudmade)." But Christensen did not proceed with the discussion beyond Mozilla's first approach.
He didn't have operational experience," Siroker said.
The data show that the majority of venture capitalists don't have operational experience or an engineering background.
Their pitch: Between us, we have started some 15 companies as entrepreneurs, invested in close to 50 technology companies as investors and angels, and have operational experience from leading positions in all areas of a growing international technology company.
And often times, he adds, it's the younger partners who have operational experience in newer technologies like mobile gaming, who can actually impart key knowledge on LPs and senior partners.
Knowledge@Wharton: I was very struck by the fact, which was mentioned earlier, that many of these search funds are begun by relatively young people who may not have operational experience, and it seems to me that that might be quite a significant risk as well.
A few weeks later this arrangement was switched, with the 52nd now operating with 82nd Airborne Division and the 51st with 1st Airborne Division; this seemed a logical decision, as each Wing had operational experience with the division it had been paired with.
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