The following is from Ask The VC, where Brad Feld and Jason Mendelson of Foundry Group
answer questions related to venture capital investment and startups. In
this post, Feld flags a TechFlash post from Andy Sack (pictured), a managing partner at Founder's Co-op, a Seattle-based seed-stage investment fund; we thought we'd pass the link along because it's a worthwhile read:
Today's post of the day is from Andy Sack titled Do Seattle VCs suck? In it, Andy states:
"Moreover,
I wanted to explore the question: Do Seattle venture capitalist suck as
much as their public opinion suggests? In a nutshell, the local
venture community is getting a bad rap. However, it's also easy to
understand why entrepreneurs have come to view them the way they do.
Here are the pros and cons as I see them."
Andy currently runs Founder's Co-op
in Seattle. I've made and lost money with Andy in the past and he's
had plenty of exposure to VCs (good and bad). Useful stuff and
relevant to all VCs (not just Seattle ones).
