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What? VCs don't play founders off one another... not reputable ones, anyway.
by jazzychad 15y ago
What? VCs don't play founders off one another... not reputable ones, anyway.
- jpdoctor 15y ago> not reputable ones, anyway. You're either a VC or under 30. Edit: There is clearly not a lot of gray hair on this site.
- jazzychad 15y agoYour comment history indicates that you like to be contrary and/or snarky, so I'm not replying to you, but for others reading this thread... there are actually good VCs out there (and yes, there are a lot of bad ones).
- deleted 15y ago[deleted]
- rdl 15y agoThere are definitely investors who do this kind of thing to business partners, but they are usually non silicon valley, non tech investors (like a local car dealership owner who is investing in a restaurant). It is really rare among professional investors. It might happen again at the private equity level, where established businesses are being restructured, but there you could argue the value is not with the founders in all cases, or with management. I have little experience at that scale though. In a startup, the founders, and their relationship with each other and the company, is probably the biggest asset. If an investor doesn't like the team, he just won't invest at all.