Re:Meet Mike Rothenberg, The 28-Year-Old Whose Seed Fund Cou...
by leepnet on Monday January 07, 2013 @02:12AM
(#5019849)
Sorry about the headline clip. I should have added an ellipses. HN limited the headline to 80 chars, so I started cutting off words until it fit. I hear you that the meaning sounds altered with the shorter headline.
> The 28-year-old Rothenberg explains that the goal of his one-man firm “is to open up my network to the founders and be available as a sounding board for them while taking a fraction of the cap table space that larger investors take. My network is often complementary to the other investors on the cap table, as they are often older than the founders while I typically invest in founders around my age.”
In this case, the metric seems to be VC-derived utility per dollar invested. Since utility is a nebulous concept, this metric is by definition also nebulous and inexact.