Venture Capital Rug Merchants

Matt Marshall has up this piece on some University Avenue rug merchants in Palo Alto who also play at being seed venture capitalists on a very regular basis. (Yes, the jokes in this sort of thing pretty much write themselves.) Anyway, I want to be skeptical about it and call it another sign of an over-heated venture capital market, but I’ll at least give these guys credit for sticking it out across two semi-cycles, not cutting and running like some carpet-baggers (couldn’t resist one).


  1. Not forgetting that they bagged quite a bit with Google, Paypal and a few other hits.