Fund: IDG Ventures SF
Posted by speedy on 2012-07-18
IDG was one of the venture funds we met with while pursuing our Series B funding. We didn't get a term sheet from IDG (although we did successfully complete our $8 million Series B) but I was thoroughly impressed with the entire crew at IDG. Phil, Pat and Alex were great to talk to, clearly had solid experience that was relevant to our sector. They did engage deeply, doing extensive diligence. When they passed on our deal, it was clear why they did and why it wasn't a fit for their fund. We ended up with a successful exit of our company earlier this year, and our positive relationship with IDG has continued.
I recently met again with Phil to catch up and talk about what I would be doing next (after exiting my last venture). He was great to talk to and bounce ideas off of and made some excellent introductions that I am certain will be helpful as we get our new venture off the ground.PRIVATE: Members Only (187 Characters)