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Good Intentions, Bad Execution

Fund: Intel Capital

Posted by evertech on 2008-02-14

PUBLIC:

I should say that I really like the people that we met at Intel Capital. They are very bright and pleasant to work with but ultimately it is the outcome of the experience that counts.

Overall, they simply made promises that they were in no position to keep. Sure, they are not the first VC to do this but it is very sad they feel that this behavior is OK. In talking with other VCs and executives I'm afraid to say that our experience wasn't uncommon.

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