![Tracxn's VC Wishlist]()
What makes a great VC? It helps to be articulate, informed, and well-networked, with deep domain expertise in finance and tech, the ability to spot high growth companies and legendary entrepreneurs.
In a recent interview, Barack Obama alluded to exploring a career as a VC, which had the investor community buzzing. The two-time president would make a great VC considering the number of inbound requests he would get. It’s hard to imagine any startup entrepreneur turning down an offer to meet him. Being well known certainly helps – as it results in a high number of inbound requests from startups. It also helps to have a great track record in business, and a personal brand that is so valuable that no entrepreneur would want to miss out on the investment opportunity to partner with.
(Also see: Open Letter To Obama: 15 Investable Companies You Should Talk to When You’re a VC)
We took some time to list other famous personalities who seem like good VC material. The ten individuals mentioned in our list have an innate advantage due to their star power, built upon a track record of impressive accomplishments.
1) Warren Buffet
Age: 85
Claim to fame: Chairman & CEO of Berkshire Hathaway
Why: One of the richest people in the world, Buffet is famous for his skills of articulation, as evidenced by his annual letter to shareholders. We’re not sure if he would be able to spot investment opportunities in tech companies – he has avoided buying stocks of companies like Facebook and Google, as its hard to estimate their value. His skills as an investor and philanthrophic ideals make him an ideal fit for a leadership role at an impact fund.
2) Oprah Winfrey
Age: 62
Claim to fame: Talk show host
Why: She’s a self-made billionaire, the richest African American, and is considered one of the most influential women in the world. She would make a great investor considering the Oprah Effect. An endorsement from her is known to have a profound effect on consumer purchasing behaviour – an investment from her would quite likely have the same clout.
3) Muhammad Yunus
Age: 76
Claim to fame: Nobel Peace Prize Winner
Why: The founder of Grameen Bank, the social entrepreneur is an innovator in the field of microcredit and microfinance, and also manages incubator funds for social businesses in developing countries. We think he would make many shrewd bets as an investor, especially in fintech, and his deep domain expertise should be helpful in nurturing and mentoring companies, particularly in the developing world.
4) Sir Alex Ferguson
Age: 74
Claim to fame: Former Manchester United Manager
Why: Regarded by most as the greatest soccer club manager of all time, Ferguson is currently at a long-term teaching position at Harvard University, where he coaches students on the business of media, entertainment, and sports. He has written a best-selling book titled Leadership in collaboration with Sequoia’s Michael Moritz. He would be a valuable asset in any VC firm looking to spur founders to generate great outcomes and exits on their portfolio.
5) Elon Musk
Age: 45
Claim to fame: Billionaire serial entrepreneur
Why: The legendary South-African born business magnate has deep domain expertise in a variety of sectors – which would be quite useful when evaluating worthy startups to invest in. Considering his ventures have disrupted auto, solar, finance and space industries, Musk would be a much sought after VC and mentor, as he has hands-on experience in building fast growing company from scratch.
6) Jeff Bezos
Age: 52
Claim to fame: Amazon founder and CEO
Why: As legend goes, Bezos left his well paying job at a hedge fund, and founded Amazon in his garage, and writing the business plan while making a cross-country drive from New York to Seattle. Bezos seems like ideal VC material – his business interests include aerospace and newspapers, and he has also made a number of investments through his company Bezos Expeditions, and was one of the early investors at Google, investing $250,000 in 1998.
7) Jack Ma
Age: 51
Claim to fame: Founder and Chairman of Alibaba Group
Why: Jack Ma is a highly respected internet entrepreneur who prevailed against stiff competition against rivals during Alibaba’s formative days, when it was built out of his apartment. Ma is revered by entrepreneurs in China, and the world at large, and should attract plenty of inbound requests, were he to partner with a VCfirm.
8) Tim Westergren
Age: 50
Claim to fame: Founder of Pandora Radio
Why: Tim Westergren earned his entrepreneurial wings when he launched Pandora in 2000, and eventually had the company go public on NYSE in 2011. The former internet entrepreneur has seen some tough times – including maxing out 11 credit cards, and not being able to pay 50 of his employees salaries for almost two years. He would make a great mentor for founders looking to build high growth companies.
9) Michael Dell
Age: 51
Claim to fame: Founder of Dell Inc
Why: He dropped out of college to build a PC company. The bet has certainly paid off – considering his current net worth. Dell has experience in building a company from the ground up, going public with it, and most recently – making it private again. He would make a great VC considering his hands-on experience and insights gained while running Dell Inc.
10) Frederick W. Smith
Age: 71
Claim to fame: Founder and CEO of FedEx
Why: An appetite for risk taking, and prevailing through tough times separates the men from the boys. During the early days of FedEx, Smith had to pay a $24,000 fuel bill to keep the company afloat – he took the ultimate gamble – taking the company’s last $5000 to a Las Vegas blackjack table, and won $27,000. As aVC, you can count on him betting the farm and the house on a startup that shows promise.