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By the way, just checked out your profile and saw virtualmin - I wasn't bagging it, I was meaning "an idea" in an abstract sense.

• SwellJoe 18y ago
  And I was being concrete, but generic...I don't think one should take money from someone you can't trust to share your vision for your company. In our case, we're being extremely particular about what investors we talk to, and who we'd take money from (and, so far, we've opted not to accept any additional funding--we don't need it urgently, and we'd rather it be a perfect fit than a desperate cash-for-suffering deal). Of course, perhaps I shouldn't use the phrase "top ten"...there are certainly great VCs we haven't heard of yet. Sequoia wasn't always top dog (KP held that title for many years in the past, if I recall correctly), or even on the radar for most investors. I'm just saying it's really important to be careful who you allow onto your board.
  • trapper 18y ago
    I would never suggest taking money from someone who doesn't share your vision, I just know that Sequoia and YC don't have a monopoly on technology success. I especially find advice from serial entrepreneurs in tangible technology space useful - while they don't have the big exits that the early/lucky digital technology entrepreneurs have, they know "real" business better in my experience, and always have something useful to say.