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Strange Hierarchy With Too Many Cooks

Fund: Carlyle Venture Partners

Posted by london on 2007-03-29

PUBLIC:

Spent three or four rounds pitching the same Principal and others he brought "into the room" only to have someone higher up talk to someone who had little information about my company but was tangentially involved and then those two rejected the deal with no further information--so in other words, we spent alot of time and effort transferring data that was not used in the true decision making process.

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