It's a funny thing about VC money

Fri, 22 Dec 2006 18:18:59 +0000

I just read this:

"...and the company is backed by early investors in Skype, Mangrove Capital Partners and Index Ventures."

in a Techcrunch piece about some company. It always puzzles me when I see these kind of words because it suggests it's supposed to mean something. Is the meaning supposed to be that, because these VC's were lucky enough to have invested in Skype, they have some magic start-up radar? If so it would surprise me because my experiences over the last few years leads me to believe that nothing could be further from the truth.

Curiouser and Curiouser! on venture-capital

It's a funny thing about VC money