One often overlooked skill for VC-backed founders is learning to discern good advice from bad.

Unlike in the US, many European VCs haven’t been operators before, so the advice they give doesn’t always come from direct experience. Though this is starting to change — with more investors stepping into operator roles to gain hands-on experience, some with the intention to return to VC later — founders tell me that investors who haven’t built companies themselves often give misguided advice. READ MORE