VCs Bad with their Own Finances?
from the well,-look-at-that... dept
A new study comes out suggesting that venture capitalists are bad at handling their own money. According to the survey, a lot of them carry a large balance on their credit cards. Of course, the survey was done by a startup which is trying to (1) gain attention and (2) raise venture capital. They admit it’s not very scientific. The article interviewed some VCs who all claim not to carry a balance nor know a single VC who would. However, a few did admit that they’re busy lifestyle sometimes causes them to pay bills late. No wonder, there are all those bill paying services having no problems raising venture capital….
