Good Process
Fund: New Enterprise Associates
Posted by Anonymous on 2007-12-19
The entire team at NEA was very professional. They showed early interest and set proper expectations. We did have to take too many meetings in order to get to a NO and the final outcome did not make logical sense given their prior enthusiasm for the deal. That said, I understand how it is in their best interests to keep us believing that they want the deal up and until the moment that they don't.
The team that they assembled was extremely smart. I wish that we would have gotten in front of the decision makers a bit earlier. This is a big firm with lots of moving parts. There are clearly rock stars in the group but you really need to be careful about how you approach the firm as they will assign you to someone that you may not feel is a good fit.
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