Fred Wilson has today’s great VC post up titled The Anti VC. The post is simple and asks the question “what exactly is ‘the anti VC’”? The real meat is in the comments which are fantastic.
Q: I am part of the founding management team of a start-up. We are backed by a few well known VC’s. While I think the prospects of the company are good, I am entertaining the thought of moving into venture capital. I have a number of contacts in the venture capital community from grad school […]
Q: My company is backed by VC firm to whom we also pay a $2k/month "consulting fee." We have raised approximately $2MM from them in a Series A. Is that type of consulting payment typical in an early stage venture? A: (Jason) I want to vomit again. We received this question just a few short […]
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