VCs Bad with their Own Finances?

from the well,-look-at-that... dept

A new study comes out suggesting that venture capitalists are bad at handling their own money. According to the survey, a lot of them carry a large balance on their credit cards. Of course, the survey was done by a startup which is trying to (1) gain attention and (2) raise venture capital. They admit it's not very scientific. The article interviewed some VCs who all claim not to carry a balance nor know a single VC who would. However, a few did admit that they're busy lifestyle sometimes causes them to pay bills late. No wonder, there are all those bill paying services having no problems raising venture capital....
Hide this

Thank you for reading this Techdirt post. With so many things competing for everyone’s attention these days, we really appreciate you giving us your time. We work hard every day to put quality content out there for our community.

Techdirt is one of the few remaining truly independent media outlets. We do not have a giant corporation behind us, and we rely heavily on our community to support us, in an age when advertisers are increasingly uninterested in sponsoring small, independent sites — especially a site like ours that is unwilling to pull punches in its reporting and analysis.

While other websites have resorted to paywalls, registration requirements, and increasingly annoying/intrusive advertising, we have always kept Techdirt open and available to anyone. But in order to continue doing so, we need your support. We offer a variety of ways for our readers to support us, from direct donations to special subscriptions and cool merchandise — and every little bit helps. Thank you.

–The Techdirt Team


Follow Techdirt
Essential Reading
Techdirt Deals
Report this ad  |  Hide Techdirt ads
Techdirt Insider Discord

The latest chatter on the Techdirt Insider Discord channel...

Loading...
Recent Stories

This site, like most other sites on the web, uses cookies. For more information, see our privacy policy. Got it
Close

Email This

This feature is only available to registered users. Register or sign in to use it.