The Godfather of Silicon Valley: Ron Conway and the Fall of the Dot-coms by Gary Rivlin

Author:Gary Rivlin [Rivlin, Gary]
Language: eng
Format: mobi
Publisher: Random House Publishing Group
Published: 2001-11-06T05:00:00+00:00

Inside Angel Investors, they prided themselves on the instant feedback they gave entrepreneurs invited to meet them face-to-face. Those who had delivered lousy presentations and therefore stood no chance of receiving any money were told right then and there where they had gone wrong and given pointers so that they might have better luck the next time they met with a potential funder. As Bozeman explains it, they had two motivations for this. One was the Angel Investors prime directive that first and foremost they were about helping entrepreneurs. The other was that it couldn’t hurt their reputations if word spread that they were such great guys that they dispensed free advice even after they decided they weren’t interested in funding you. “In a market that was as hot as it was during the frenzy, every leg up helped,” Bozeman says.

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