Fund: D. E. Shaw Venture Group
Posted by funnyguy on 2007-11-01
Having been in the raising money business for a long time and having raised a lot of silicon valley money, I can truly attest to the unique value that Andre Turenne brings to an entrepreneur and startup company. Unlike many VCs in the valley, who feel their wealth somehow gives them the intellect and ability to make better decisions than the management teams they invest in, Andre has a collaborative approach to investing. Indeed, while most VCs say they invest in people, many VCs translate that into "we get rid of management and invest in our people". Now, don't get me wrong, there are plenty of times this is necessary (and unfortunate for the entrepreneur), but there are many times when it is unnecessary and distructive.
Andre truly tries to work with the team and investors to build success and when times get rough, while most VCs blame and run, Andre stays and works harder. That's a true partner to an entrepreneur. His work ethic and commitment are first class. I would recommend him to any entrepreneur looking for a great board member and investor.PRIVATE: Members Only