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Bleet: Big VC's aren't always the best choice

October 14, 2009 | mark | Startups

What’s a Bleet? A blog entry that really should be a tweet.

Naval and Nivi (venturehacks) posted an interesting tweet today:

Chris Dixon on the problem with taking seed money from big VCs: http://j.mp/2BHIPe. Some solutions: http://j.mp/4hFSsL

I agree. I think there’s cachet value in having a large VC invest and based on Chris’s (IMO correct) views you need to decide if that value is worth the extra equity you’re giving up. The only scenario I can think of where cachet adds tangible value for founders is if you’re grooming the business for IPO or exit.


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My name is Mark Maunder. I've been blogging since around 2003 when I started on Movable Type and ended up on WordPress which is what I use to publish today. With my wife Kerry, I'm the co-founder of Wordfence which protects over 5 million WordPress sites from hackers and is run by a talented team of 36 people. I'm an instrument rated pilot and I fly a Cessna 206 along with a 1964 Cessna 172 in the Pacific Northwest and Colorado. I'm originally from Cape Town, South Africa but live in the US these days. I code in a bunch of languages and am quite excited about our emerging AI overlords and how they're going to be putting us to work for them.