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My favorite part of the article: "One of his [Conway's] investments was a podcasting startup called Odeo run by Ev Williams. Odeo failed, and Williams took the
by stevenbrianhall 16y ago
My favorite part of the article:
"One of his [Conway's] investments was a podcasting startup called Odeo run by Ev Williams. Odeo failed, and Williams took the unusual step of returning his investors' money.
"I thought that was a magnanimous gesture," Conway said. "I decided to set that money aside and invest in whatever Ev did next."
It's really the ideal situation to be in a position to be able to return an Angel's money, but Ron's comment seems to sum up why he's a good person to know. He strikes me as the quintessential investor that lots of people talk about, one who invests just as much (or more) in people as in their ideas.