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Be Careful

Fund: OpenView Venture Partners

Posted by driveandfocus on 2013-02-18

PUBLIC:

The usual story "we are different than any other VC." The ACTUAL story, they have a very prescribed formula, an almost cult-like language and process, and very little operational experience. Different? Yes. But be very careful, do your homework, and if you feel uncomfortable with their "stepford wives" approach to "helping" businesses, steer clear. Bad investors are worse than no investors (because with no investors you can keep improving your product until you merit good investors, and with bad investors you are saddled with dead weight and will find it difficult to attract other/good investors should you want additional funding).

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