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by staunch 5820 days ago
He's just saying that you can leverage the two investors against each other, letting them fight over who's willing to give you the better deal.
2 comments

In addition to that, VCs are herd animals. The knowledge that another VC is interested makes it easier for the other VCs to believe that you're hot. (Similar to the article yesterday about hot supermodels.)
And very similar to high school/ college (undergrads?). I wonder if that's the reason charismatic founders end up succeeding.....Jobs, Zuck.....come to mind.
Doh! I literally did not see the word "than" and was wondering how it could be better to have one offer than two.

I've been limiting my time on HN pretty strictly lately and was too hasty there. Thanks.