3 ms·
This blog post reminds me of the Bessemer Venture Partners "Anti-Portfolio" -- a list of companies they passed on that subsequently became massively successful,
by cs702 14y ago
This blog post reminds me of the Bessemer Venture Partners "Anti-Portfolio" -- a list of companies they passed on that subsequently became massively successful, including Apple, Google, and Intel.
They explain on their website: "Our reasons for passing on these investments varied. In some cases, we were making a conscious act of generosity to another, younger venture firm, down on their luck, who we felt could really use a billion dollars in gains. In other cases, our partners had already run out of spaces on the year's Schedule D and feared that another entry would require them to attach a separate sheet."
The whole web page is filled with similar, painfully funny explanations: http://www.bvp.com/portfolio/antiportfolio http://www.bvp.com/portfolio/antiportfolio