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Top 5 in Cachet in no particular are probably Benchmark, Andreessen, Sequoia, Greylock, Accel. KP comes after them. It used to be number one. Not anymore. There
by throwaway6497 10y ago
Top 5 in Cachet in no particular are probably
Benchmark, Andreessen, Sequoia, Greylock, Accel. KP comes after them. It used to be number one. Not anymore. There are so many angels, good old/new VCs (YC, LightSpeed, FirstRound, Union Square, SocialCapital etc) that calling out KP for prestige doesn't make sense anymore.
Getting funded by KP now means => You raised money from a good VC firm. Nothing more. Years ago, it was more like - "Wow, you guys raised money from KP? You must me special"
- swampthinker 10y agoWould throw NEA in there too.
- genericpseudo 10y agoBessemer, GV, Balderton too.
- argonaut 10y agoOne of those does not belong.
- Moto7451 10y agoSo what's the effective difference between raising money with KP and someone you have more respect for? Connections? Mentors?
- cft 10y agoMeans that even if the company completely fails, preferred stock will be paid to some extent, eg. Meebo, Slide, Loopt, etc
- aswanson 10y agoWouldn't Founders Fund $ signal better than Accel money?