2010 VC Funding Outlook for Startups β Prepare for Winter (Part 3/3)
Both Sides of the Table
OCTOBER 1, 2009
So we loaded up on flat screen TVs, multiple generations of iPods and trips to Hawaii. It’s my job to invest wisely in entrepreneurs who are capital efficient, who innovate in ways that pay off economically in good markets or bad and who plan for worst-case scenarios. We spent our future since the equity was artificial.
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