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  Mike (profile), 23 Oct 2000 @ 2:49pm

  
  

  which VCs are you talking to?

  Did we read the same article? I don't know... that article reads like every single other VC penned article I've ever read. They all pretty much say the same thing. They talk about the same thing: "Oh, VC investing is pretty difficult because we can get duped by some crazy entrepreneur." They never talk about how the VCs often fuck up companies just as badly. I don't see what's so special about that article.

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    Ryan, 23 Oct 2000 @ 4:12pm

    
    

    Re: which VCs are you talking to? 2 MD of VC funds

    I think the fact is that we as entrepreneurs don't see all the craziness that VC's do. I know that when I started my own small start-up at university the money thing always got me on edge but of course compared to the amount of money VC's have to manage it pale into insignificance. However, he didn't criticize all ent. he pointed out that there are the occasional few that finally pull things off.
    
    Think about how difficult it must be to watch ent. blow it about 9/10! It would probably drive most people nuts. I just think that often ent. view the VC's as the bad guys, whilst forgetting that they also have to deal with a lot of crap (even if they decide ignore us when we ask for funding of a great idea!).

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      Mike (profile), 23 Oct 2000 @ 4:33pm

      
      

      Re: which VCs are you talking to? 2 MD of VC funds

      I'm not saying that it's not difficult to be a VC. I'm just saying that that article seems kinda pointless to me. All it does is blame the entrepreneurs for "pulling one over" on VCs.

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        mhh5, 23 Oct 2000 @ 6:46pm

        
        

        Re: which VCs are you talking to?

        Isn't that sorta the job of an entrepreneur -- to get people to believe in your company? I sorta agree with Mike here, except I'm not sure that the message is "VCs blame entrepreneurs for their troubles".... It's more: "being a successful VC requires a healthy amount of skepticism"... In which case, can I be a VC?

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          Ryan, 24 Oct 2000 @ 8:03am

          
          

          Re: which VCs are you talking to?

          Umm... I think so, all you need to do now is put together a huge fund (at least several million) to start your partnership. I suggest Techdirt Venture Partners, assuming we all join you and mike gives his okay. Then we could all help you make a pile of money on exciting companies, anyone want to be one of our limited Partners (i.e. investors)?

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