On Tue, 6 Mar 2001, Rich Sena wrote:
I can personally attest that VC's do not do any research when doling out the guappa...
It really depends on the VC. The old line (read as successful) VCs do a LOT of due diligence. The problem (or opportunity) is that there's an awful lot of money chasing a small number of really well put together startups. So... a lot of money either sits in T-bills or gets invested in ill-advised places. Miles ************************************************************************** The Center for Civic Networking PO Box 600618 Miles R. Fidelman, President & Newtonville, MA 02460-0006 Director, Municipal Telecommunications Strategies Program 617-558-3698 fax: 617-630-8946 mfidelman@civicnet.org http://civic.net/ccn.html Information Infrastructure: Public Spaces for the 21st Century Let's Start With: Internet Wall-Plugs Everywhere Say It Often, Say It Loud: "I Want My Internet!" **************************************************************************