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Bruce R. Tiedemann

Partner Rating:

Un-rated

Partner Information:

Title:     Partner / CFO

Location:  Boston, US East

Blog:      

Firm Rating:

Rated 1.3 / 5.0 by 8

Firm Information:

Company:   Boston Millennia Partners

Type:      Medium Private VC

URL:       Firm Homepage

PERSONAL SPECIALTY: None.

0
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2
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Closed for Business

Fund: Boston Millennia Partners

Posted by Anonymous7 on 2012-03-27

PRIVATE: Members Only (156 Characters)

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Bait and Switch

Fund: Boston Millennia Partners

Posted by Anonymous on 2007-12-26

PRIVATE: Members Only (256 Characters)

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Run for the Hills

Fund: Boston Millennia Partners

Posted by Anonymous on 2007-11-28

PUBLIC:

I have closedfice rounds of funding totalling more than $30 million for three companies I have started, and the only VC of the bunch I would not EVER do business with again is Boston Millenia. Their deal terms were not unreasonable, until the night before the closing when they contacted the management team close to midnight, informed us that "a few things needed to be changed" before we could close - and then proceeded to alter every deal term we had negotiated over an extended period of months. They did this knowing that we were out of funds and would miss payroll if we did not close on the new deal terms. Since the term sheet was non-binding legally, our lawyers felt we could not sue and, since we would have been out of funds and shut down, there would have been no funds to support a lawsuit. I have dealt with many VCs over the past nine years and while I find many of them arrogant and rude, Boston Millenia is in a class of its own in these categories.

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Rob Sherman

Fund: Boston Millennia Partners

Posted by Anonymous on 2007-08-07

PUBLIC:

Out of the 30 private venture distinct rounds I have participated in as a founder, angel investor, and board member of a venture backed company, Rob Sherman holds my "biggest asshole ever" title.

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