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by capkutay
4302 days ago
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Andreesen Horowitz became the apple of every startup founder's eye because they were the new guys who had success as investors while being friendly to startups I'd rather raise money from a guy who wears a 'No Bitchassness' [0] shirt who wants to pump up my valuation, help me recruit tech talent, and allow me to give equity to compensate my best people versus some stodgy old guy who thinks he's better than everyone because he invested in [insert successful company from the 90s/early 2000s]. Basically, they were the uber of VCs in terms of how they treated their portfolio companies. That said, I generally don't like media that praises investors because once we start glorifying the fund-raising process rather than bootstrapping and making money, we'll have tons of companies with too much money and no exit. Bubble burst. 0: http://www.jasonshen.com/wp-content/uploads/2012/10/benhorow... |
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