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Wasted a Lot of Our Time

Fund: Intel Capital

Posted by TheAsh on 2008-02-21

PUBLIC:

We were initially contacted by the fund from an acquaintance. After a 30 minute phone call we heard nothing for a month, after which they decided to meet with us. Showed up for what turned out to be a good meeting, thoughtful questions and demonstrated they understood our space. After the meeting silence again for another month .... then a phone call saying they can't find anyone "with the appetite to perform due diligence on us"!"! Nice guys but a complete waste of time. Yes is yes, no is no, but a long delay to tell us that is unforgivable.

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Fund: Intel Capital

Posted by TheAsh on 2008-02-21