No Deal: First experience from the investing side :(

Posted by motoko on Wednesday December 12, 2007 @09:40PM
from the self-post dept.

I had to turn down funding for a promising startup that I really liked and believed in this afternoon for reasons wholly unrelated to the venture or any decision I had made.

It really, really sucked.

To not even get a chance because A didn't get to B in X time... that's just lame. Lame isn't respectable, interesting, or memorable. It's not even failure.

Failure is privilege. I hope everyone out there keeps working hard and keeps hopeful even though A and B couldn't quite get to X this time.

( 4 comments | 5 points | on HN )

Re:No Deal: First experience from the investing side :( by fauigerzigerk on Thursday December 13, 2007 @04:09AM (#89072)

I was very disappointed as well when my @!$^^qrx didn't properly &@X!!mfs. And by the way: ^&$%^$#! Unbelieavable, isn't it?

[ Parent | on HN ]

Re:No Deal: First experience from the investing side :( by yubrew on Wednesday December 12, 2007 @11:47PM (#89003)

If you believe in it, can't you refer it to someone else that does not have the same deal-breaking constraints as you do?

[ Parent | on HN ]

Re:No Deal: First experience from the investing side :( by joeguilmette on Thursday December 13, 2007 @02:41AM (#89046)

I have no idea what "A didn't get to B in X time" means. Can you elaborate?

[ Parent | on HN ]

Re:No Deal: First experience from the investing side :( by edu on Thursday December 13, 2007 @04:18AM (#89073)

Maybe it meant that A was late, so B decided not to invest?

[ Parent | on HN ]