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A comment on Lanyrd (YC W11) Secures $1.4m In Seed Funding To Make Conferences More Social. Parent comment

Re:Lanyrd (YC W11) Secures $1.4m In Seed Funding To Make Con... by joshu on Wednesday September 07, 2011 @01:13AM (#2968449)
I knew Simon before he did Lanyrd. I try to back friends when they do interesting stuff. I figure if your friends don't have your back, they aren't really your friends, right?

I've done about as well investing in friends as I have on thesis investment, so it's not a terrible strategy.

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Re:Lanyrd (YC W11) Secures $1.4m In Seed Funding To Make Con... by davidw on Wednesday September 07, 2011 @07:30AM (#2969156)
Do you worry about the friendship souring if things go awry with the company/investment? In the sense that if a !friend investment goes sour, perhaps it's rough, but you're not out a friend in addition to the money.
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