Investing In Crazy Entrepreneurs
from the they're-out-there dept
There are some nutty entrepreneurs out there. There are plenty of perfectly normal ones as well, but apparently even the top VCs have difficulty telling them apart. Michael Moritz at Sequoia recently spoke about some of the crazier entrepreneurs he invested in including the one who tried to kill a co-founder by driving a truck through a plate glass window. And people wonder why investors want to do some due diligence? If you're around Silicon Valley you start hearing plenty of these stories over time. Of course, sometimes, it's just not possible to realize how crazy someone is until pretty far into the process. Still, what's funny is that even the craziest entrepreneurs will still be able to raise money the next time around if they helped some VCs make a ton of money last time.
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Losers Also Raise Again
In these cases, I am convinced these guys are not only crazy, but also know the Jedi mind trick: "You want to fund my company...", to which the VC replies "I want to fund your company!"
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