Megan Hornbroth of Business Insider writes about how business journalists such as former CNBC health tech reporter Chrissy Farr can easily make the transition to becoming venture capital investors.
Hornbroth writes, “Farr is not the first career journalist to make the move over to the venture side, and she is likely not the last. Earlier in 2020, TechCrunch editor-at-large Josh Constine joined VC firm Signal Fire as a principal and head of content.
“Although the two industries can be at odds on social media at times, they’re more similar than they are different. Venture capital and reporting share many core skills, such as building robust, trustworthy professional networks and heavy research. Successful reporters and successful investors aren’t afraid to pick up the phone to contact people they may not know and ask hard questions when the person on the other end picks up.
“‘I got to know people on a deep, personal level and build trust,’ Farr said of her sourcing as a reporter. ‘That’s the most important thing that will be the most helpful because we are still in a pandemic and it’s hard to network.’
“But while reporting works in hasty news cycles, venture capital firms typically operate on 10-year cycles, an abrupt shift in pace that Farr is already trying to adjust to.”
Read more here.
Thomas Maxwell has joined Gizmodo as a tech reporter. He previously was at Business Insider covering…
Banking Times has acquired the domain name "The New Fiver" for an undisclosed amount, aiming…
The Canadian Press has hired Kyle Duggan as a reporter. Duggan has been an Ottawa-based reporter for…
Bloomberg Media is starting a new service called Bloomberg Live Q&A, an audio-based platform that…
Wall Street Journal reporter Hannah Miao is moving to Singapore to cover the China economy.…
Financial Times reporter Simon Foy is now covering European banks. He has been covering accounting for the…