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Most VCs won't fund competing companies, so it would be a waste of time at best to talk to them.
by pg 17y ago
Most VCs won't fund competing companies, so it would be a waste of time at best to talk to them.
- arohner 17y agoI noticed Chris Dixon and Caterina Fake invested in Stack Overflow. They're the founders of Hunch. Is that different because they're playing with their own money?
- pg 17y agoThey must think they're not really competing, or they wouldn't have.
- staunch 17y agoI know you said "Most VCs" not "all". Howard Morgan of First Round Capitol, said that they'll do competitive investments, but cautiously and with separate partners on the board. That's one partial exception at least.
- jacquesm 17y agoOr they figured if they get in on the ground floor they might be in a preferred spot if they decide to attempt a buy-out later.