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such statement is a bit far fetched. imho GRPN is no real tech company, and investors (traditional asset managers) know this. on the other hand, if GRPN goes b
by antr 15y ago
such statement is a bit far fetched. imho GRPN is no real tech company, and investors (traditional asset managers) know this.
on the other hand, if GRPN goes bust, the reputation of Accel, Andreessen Horowitz, Battery Ventures, DST and Kleiner Perkins, will be clearly damaged towards IPO investors.
- davidmr 15y agoIf the last 5 years have taught us any lessons at all, it's that assuming traditional asset managers know anything--no matter how obvious--can get everyone in a terrible amount of trouble. Assume, but verify.