I've started plenty of companies as well and there's a big difference between smart money and people you like. There are plenty of investors that are nice and f

I've started plenty of companies as well and there's a big difference between smart money and people you like. There are plenty of investors that are nice and friendly but are completely clueless when it comes to critical decision time. Some of the most knowledgeable and effective investors are not the kinds of people you would get a beer with at the end of the day. I regret exactly the opposite decision - going with someone I preferred to work with over someone who would have been a better board member.