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Dfj Wants "Passion"

Fund: Draper Fisher Jurvetson

Posted by 5hundy on 2007-08-14

PUBLIC:

A few months ago we presented to Ravi Belani at DFJ. He's a really sharp guy, he got the idea and gave us some good insight. Later we came in for a second meeting (again with Ravi), were he told us they really loved the idea but they probably weren't going to do the deal because we didn't have any passion other than for making money.

Our business is a pure economic play - we are not making single moms happy or feeding the homeless. Their argument was that the companies they invested in that did really well were the ones that set out to change the world.

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