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What a phenomenal bit of copy from a VC company as well. This paragraph in particular: Our reasons for passing on these investments varied. In some cases, we w
by emhart 13y ago
What a phenomenal bit of copy from a VC company as well. This paragraph in particular:
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.
had me laughing aloud as it completely took me by surprise. Thanks for the link!