VCs are taking on operator roles. Why? | Sifted

A growing number of European VCs are taking operator or CEO roles at portfolio startups while keeping their investing jobs.

Visionaries partner Judith Dada became co-CEO of Langdock, while Cocoa founder Carmen Alfonso Rico joined Fractile as VP of business operations.

The trend can give startups access to seasoned leadership, but it also blurs the line between investor and operator.

That raises concerns about conflicts of interest, firm structure, and how future incentives will work.