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Article about other missed VC opportunities: http://www.boston.com/business/articles/2004/11/08/nothing_ventured_nothing_at_all_gained/ http://www.boston.com/bu
by ciscoriordan 19y ago
Article about other missed VC opportunities:
http://www.boston.com/business/articles/2004/11/08/nothing_ventured_nothing_at_all_gained/ http://www.boston.com/business/articles/2004/11/08/nothing_v...
The VC arm of Allstate Insurance passed up 20% of Microsoft for $8 million. Ouch.
- brk 19y agoThe funny thing is that with 20% investments come board seats (usually). With board seats come influence. Influence affects outcome. It is completely possible that had any of these VCs actually put money into these missed investments, that the "investments" could have taken an entirely different (where different == bad) path. The end outcome of a startup is often the result of several key variables. Change any one variable, and so changes the outcome.
- aswanson 19y agoAllstate Insurance had/has a VC arm? What on earth.....