Capable of Cowboy Antics
Fund: Atlantic Bridge Ventures
Posted by JAHEBIL on 2012-11-29
We received a terms sheet from them on favorable terms causing us to terminate advanced negotiations with other VCs. Several weeks later they had still not started due diligence. Finally I chased and they bombed out. We found another VC and survived but my perspective was this was a speculative terms sheet. We had some internal issues with an Irishman we didn't know about and not sure if that was anything to do with it but anyway, watch out!
PRIVATE: Members OnlyHelpful and Knowledgeable
Fund: Atlantic Bridge Ventures
Posted by Dublin on 2011-10-04
Atlantic Bridge is one of the better Irish VCs. They have their own money (rare in Ireland where about 80% of VC funds are from Enterprise Ireland in one way or another) and give quick answers.
We are too small for them, they are more in the $3m+ range. But they followed up with lots of useful information and pushed us in the right direction.
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