Axel Bichara Was No Bs
Fund: Atlas Venture US
Posted by Anonymous on 2007-08-16
I have enjoyed my few meetings with Atlas, in particular Axel Bichara.
He might be the only "honest" VC I know in Boston!
Speicifically I pitched him for funding a business in 2003 and he was dead-on with his on-the-spot analysis of how best to grow my business, discouraged me from raising VC money, and instead growing from revenue, maintaining ownership, and push for a quick liquidity.
I remember the quote like it was yesterday: "You should consider angel money; if you raise VC money, they'd just wreck it and you'll have nothing."
Now maybe it was his way of quickly saying "not interested" and getting rid of me; and if so, then he was brilliant at it! But I've stayed in touch since and he's been helpful on other matters.
Axel was polite, smart, intuitive, didn't waste my time, & sharp business insight.
I'd look forward to taking a deal to him in the future
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