Would you make a good VC?

Would you make a good venture capitalist? Guy Kawasaki has a Venture Capital Aptitude Test (VCAT) for students to take to see if they'd make a good VC.

He is legitimately skeptical of the value of a recent grad to be a VC:

My theory is that when you’re young, you should work eighty hours a week to create a product or service that changes the world. You should not sit in board meetings listening to an entrepreneur explaining why she missed her numbers while you read email on a Blackberry...

He is also very in favor of recent grads going and getting work experience first. I especially liked this part:

Worked at a failed startup, so that you understand three things: first, how hard it is to achieve success; second, that the world doesn’t owe you a thing; and third, what it’s like to be fired or laid off. (add 3 points)

Woot! Do I get 3 points for EVERY failed startup I worked in? Hey, and I also get 5 points for having an engineering (I assume this includes software engineering) background. But, wait a minute! Turns out I actually scored pretty well on this thing...hmmmmmm.

He describes the VC life this way:

...going to cocktail parties and networking events, flying in private jets, and getting sucked up to by entrepreneurs while pulling down a base salary of $500,000/year plus a piece of the upside of selling a YouTube for $1.6 billion. Who wouldn’t want such a job?

Indeed. Who wouldn't.