The key to being a good venture capitalist is to find a great company when it is little more than a great idea. Nancy Pfund ’82, founder and managing partner of DBL Investors, led her firm to key early investments in Tesla, Pandora, and Solar City. But for “double bottom line investors” such as DBL, finding a potential growth company isn’t enough to spur adding a company to their portfolio. For Pfund, a company’s mission is often as important as its business plan.
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