A basic skill set covering finance, organization, transactions, strategy, and business models can be taught successfully, says Komisar. These skills are useful for engineers because they provide context about the personality and character of entrepreneurship. The case study method is especially effective. However, how to have an entrepreneurial character is something that cannot be taught. Being comfortable with uncertainty and ambiguity is something you either have or you don't, he says.
Randy Komisar answers questions on Entrepreneurship for Stanford University students, part of the Entrepreneurial Thought Leader Speaker Series, on April 28, 2004. Randy Komisar, a partner at Kleiner Perkins Caufield and Byers, explains his title of Virtual CEO, which does not have a specific meaning. It is extremely adaptive and evolves to his changing roles. The purpose of the title was to provide a sort of identity on a business card that he could point at and say "this is what I do."