The Hot New Job in VC: Portfolio Pruner

All the glory within venture capital firms goes to dealmakers who find the next big investments. But a new group that also focuses on selling rather than just buying is now playing a crucial role in the firms as they struggle to return cash to their clients. 

Former bankers or private equity investors at large VC firms such as New Enterprise Associates, General Catalyst and Lightspeed Venture Partners, for example, have recently started to focus more on potential sales of their portfolio companies.