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Shameless

Fund: Castile Ventures

Posted by Anonymous on 2011-02-20

PUBLIC:

During Castile Ventures' evaluation of my company, I was made to meet one of their portfolio companies that works in the same market. I was made to meet their board member as well. Castile had about 7 meetings with me, my staff and my head of technology. At the end of the process, Castile declined to invest with a very weak explanation to why.

A few months later, I saw that their portfolio company has pivoted to a very similar business as my own. That is outrageous and apparently they are shameless. I employ entrepreneur not to work with Castile!

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