Added value

A Tale of Evil Venture Capital, and a Fair Start-Up “If you ask a V.C. what value they add, and you get them after a few drinks, they’ll say, `We replace the C.E.O.,’ ” he said. And that, he indicated, does not vary with the economic climate. This cute story courtesy of Nick Denton, who … Continue reading “Added value”

A Tale of Evil Venture Capital, and a Fair Start-Up

“If you ask a V.C. what value they add, and you get them after a few drinks, they’ll say, `We replace the C.E.O.,’ ” he said. And that, he indicated, does not vary with the economic climate.

This cute story courtesy of Nick Denton, who knows a thing or two about VCs.