Posted by NedZepplin on 2012-02-02
Bill was an early investor in one of my companies, and about the best thing I can say about him is that I learned a lot about just how damaging a bad investor can be. It's almost a cliche to hear investors say "I'll treat you right, because my reputation is everything." Obviously Bill Bryant doesn't feel this way, because not only is he incompetent, he's dishonest. He was destructive to the company, by forcing the founders to accept bad advice, undermined our sale in preference for his preferred acquirer, and in the process killed off a potential bidding war, delayed the company by forcing the wrong strategy and even forcing the wrong technology, causing us to miss the right time to sell, and then later bragged about it as if it was a successful result!
I'm sure it was successful for him, because I think he made out on a couple side deals as well.
I've seen him tell outright lies with a straight face, even when he had to know that I knew he was lying. Apparently he didn't care, or he's so used to it he lost track of the fact that I knew the truth.PRIVATE: Members Only (1832 Characters)