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April 11, 2008

The VC "I Know a Guy Who Knows a Guy" Thing

I was talking to an entrepreneur yesterday who decided not to take money from a VC, in part because the VC couldn't really answer his question. And what was that? It was the "What can you do for me?" question. I said, "I bet you got the 'I know a guy, who knows a guy, who knows Sergey/Eric/Jerry/Bill/Steve/etc.'" answer. To which he responded, "How did you know?"

Oh, I just know these things.

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