Dear SaaStr: What does a typical day in the life of a VC look like?
The interesting thing is how little time really goes into meeting new startups.
For most VCs, most of Monday is used up on administrative matters and seeing pitches for deals that might get done, but that have already gotten through several layers of filters. Call this 15% time to administration.
On Tuesday – Friday, at least 50% of the time is filled up with existing portfolio companies. Assume 10 boards x 6 board meetings / yr = 60 board meetings alone. Plus time catching up with CEOs, helping with recruiting, dealing with issues. etc.
Also assume 10–15% of time at events, or other external networking, learning or bizdev activities.
That might leave 20–25% of your time to meet new companies.