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Ambushed !

Fund: Milestone Venture Partners

Posted by orca on 2007-03-21

PUBLIC:

They skimmed our biz plan, sent it off to a consultant in a wholly different industry (sort of like a TV industy expert evaluating a movie industry plan). He told them plan would not work. So they invited me to take the four hour trip to meet them. Very cordial but had wrong partner at meeting (one without relevant domain knowledge and not the partner they promised would be there). After 10 minutes, revealed consultant's comments, refused to put me in contact with him, and bade me farewell.

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