Mark MacLeod, a partner at the Montreal-based seed fund Real Ventures, recently posted a list of venture capitalists to avoid that quickly got passed around Twitter. Don’t take money, he advised, from archetypes like “the banker,” “the name-dropper,” “the dude on 20 boards,” etc.
Those kinds of self-interested parties have been circling around the tech scene for years. But perhaps the downward turn in startup financing is bringing back the sharp elbows that didn’t serve as well in a “party round” atmosphere. Read More