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Avoid and Save Time

Fund: Artiman Ventures

Posted by Anonymous on 2008-08-01

PUBLIC:

Claiming to be early-stage investor is fashionable. Artiman is no exception. But their concept of early stage seems to be a fully proven business with patent protections, revenue, and everything else you expect of an already successful company on the verge of IPO or acquisition. They have a basic distrust of "techies". So if you are a techie (or so they think), even before they hear your pitch, they have already started searching for a new CEO (a so-called "business guy") to head your company. Master time wasters as far as new technology businesses are concerned. Basically there is not a single partner onboard who understands technology. No wonder their recent investments look like a bunch of lemons.

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