peHUB Second Opinion 12.10
Which VCs to Avoid: Some interesting, almost Seinfeld-ian reasons for an entrepreneur to walk away from a VC investor. Including "Avoid an investor who does not carry an iPhone." Seriously. (The Venture Company) On Recessions: "It is the economic equivalent of Lent." (Financial Times) More Surveys: European PE/VCs say PE's affect on employee relations is relatively positive (ignore the misleading headline). (AltAssets) Whatever: Spouse 2.0 Day, a Hallmark-ian celebration of the husbands and wives of start-up founders, is being documented in every conceivable 2.0 manner, naturally. It's clever, but something about the line, "Your family at home is essentially a start-up as well..." feels like this pseudo-event is reallllly stretching it. (Bits) Rewrite the PE Rulebook: So says Jonathan Foster of Current Capital, a guest columnist at Dealbook. In his article he lays out the basic tenets of classic PE investing and suggests the industry return to simpler times. (Dealbook)
