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Real Partnership

Fund: Altos Ventures

Posted by burning on 2007-05-22

PUBLIC:

When we first received funding from Altos, it wasn't much out of a choice: after scores of meetings with tens of VCs, Altos was really the only one willing to bet their dollars on just a few Powerpoint slides. At that time, we felt like we could/should have done better and got a better valuation, etc.

That was two years ago. Now, we love 'em. They really try to understand and help your business. They went to almost all the business meetings with us at the beginning, including a trip to Asia, and worked almost as a virtual biz dev team for us. When you are a tiny company with little money and no reputation, having your investor go to potential customers together helps greatly.

They also contributed greatly in our getting a subsequent round done. They introduced many VCs from their network, and practically found a co-investor firm that came in to the round that Altos led again.

One of the best investors I've ever worked with in many senses. The longer you work with them, the better you appreciate them.

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