What's Happening?
Slow Ventures recently organized an 'Etiquette Finishing School' for startup founders, held at the Four Seasons in San Francisco's financial district. The three-hour program aimed to enhance the social
skills of founders, covering topics such as the perfect handshake, public speaking, and office decorum. The event also included a fashion show and concluded with lessons on caviar and wine. Initially conceived as a joke, the initiative attracted hundreds of applicants, with 50 founders ultimately attending. Sam Lessin, a general partner at Slow Ventures, stressed the importance of founders presenting themselves respectfully in the evolving tech landscape. Despite skepticism from industry figures like YC CEO Garry Tan, the event underscored the growing need for founders to refine their social skills.
Why It's Important?
The initiative by Slow Ventures highlights a shift in the tech industry where social skills are becoming increasingly important for startup founders. As the tech landscape evolves, founders are expected to not only innovate but also effectively communicate and present themselves in professional settings. This development could influence how startups are perceived by investors and partners, potentially impacting funding and collaboration opportunities. The emphasis on etiquette and decorum suggests a broader trend towards professionalism in the startup ecosystem, which may lead to more structured and formal interactions within the industry.
What's Next?
Following the success of the event, Slow Ventures may consider hosting similar programs in the future, potentially expanding the curriculum to include more comprehensive training in social skills and professional etiquette. This could lead to a new standard in founder development, encouraging other venture capital firms to adopt similar initiatives. The response from the industry, particularly from influential figures like Garry Tan, may shape the perception and acceptance of such programs, influencing their prevalence and impact on the startup community.
Beyond the Headlines
The event raises questions about the balance between technical expertise and social skills in the tech industry. As startups continue to grow and interact with diverse stakeholders, the ability to navigate social settings becomes crucial. This could lead to a cultural shift where soft skills are valued alongside technical prowess, potentially affecting hiring practices and team dynamics within startups.
