Posted by Anonymous on 2008-05-04
I was surprised to read about a large ( $28M) funding win by a company from the local Sand Hill VC's. Only a few months ago, I was inteviewed by this company for a C-level position and found them to be essentially a big fraud.
As someone who has spent 10+ years in this technology space, their claims about how their product/system works is just not possible. This is not my ego but a matter of science.
My only guess is that VC's felt good about the CEO/founder while playing some golf.
So to what extent is it a true meritocracy to get your startup funded by a VC"