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Avoid at All Costs

Fund: Morgenthaler Ventures

Posted by Anonymous on 2012-03-14

PUBLIC:

I was recently an executive for a company recently where Morgenthaler is an investor and board member. The company had significant growth, and where this would normally be considered a success, it caused fear and anxiety with Morgenthaler. During this process they unsuccessfully attempted to replace the CEO twice, both times failing. Unfortunately, these actions were value destroying and caused much dysfunction for the company and Founder/CEO.

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