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Just about the only company to avoid this morass is Atari, all of whose micros run the same software, but of course, not the same cartrides [sic] as their VCS video games machines.
They don't vet their VCs enough.
They were getting every customer service e-mail and ignoring messages from their VCs.
Real startups need more than money from their VCs.
Meanwhile their VCs were getting a quick mark-up.
Entrepreneurs need to know how strong their VCs and LPs are because down periods are inevitable.
Similar(34)
"There were plenty of companies that got stranded in the 2000 bubble, companies that turned down offers because they and their VC's thought they could get more if they held out another year".
How many other companies are having trouble with their VC investments?
But today's panel was mostly about their VC experiences.
With their VC fund Sound Ventures, they invested in Bird.
Companies now have to wait longer to go public, stretching the investment period of their VC backers.
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