Being Sneaky in Silicon Valley
from the tricking-the-VCs dept
Okay, this is just silly. Apparently dot coms who are desperate for funding are pulling stupid tricks to convince VCs that they’re worth investing in. Examples are bringing in friends to hold meetings around computers while VCs are coming by, so the company looks busier. Also, having actors walk around on imaginary cell phone calls mentioning the names of certain “hot” companies. Maybe if the companies put this much effort into creating a good business and lining up paying customers they wouldn’t need to be doing this…
Comments on “Being Sneaky in Silicon Valley”
Serves 'em right
Whatever happened to due diligence? If I were invested in a fund where the manager went around handing millions to people based on overheard cell-phone conversations, I’d have the fund manager’s head on a platter.