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  Mike (profile), 14 Dec 1999 @ 4:20pm

  
  

  Not an altruistic idea

  Since I happen to know (and he has been known to read Techdirt as well) one of the first employees of MeVC.com, I can say with pretty clear certainty that it's not an altruistic venture. In some sense I think it's really just a gimmick. It's a way to get a lot more attention paid to a single firm (in this case DFJ) at a point when public relations has become a very important part of the VC world. I think for that purpose, it's a good idea. Where it runs into trouble is if the economy goes sour. There are reasons that most folks only accept funds from accredited investors.

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