Reasonable Demands

I thought this article in today’s San Jose Mercury News correctly assesses the current funding atmosphere. It promotes the notion that today’s Internet entrepreneurs are looking for more than just money out of their venture capital partners. This demand should be true regardless, but it’s apparent now more than ever. The last line reads,

“If you [VC’s] really want to have a seat at the table… you’ve got to be involved at an earlier stage — putting in little dollars, and then really work the deal.”

David Beisel

David Beisel is a co-founder and Partner at NextView Ventures. He has been focused on early stage Internet startups his entire career, both as an entrepreneur and venture capitalist. As an investor in the digital media space, David was most recently a Vice President at Venrock and previously a Principal at Masthead Venture Partners. Prior to becoming a venture capitalist, David co-founded Sombasa Media, an e-mail marketing company best known for its flagship product BargainDog. Sombasa was successfully acquired by About.com where David served as Vice President of Marketing. David holds an MBA from the Stanford Graduate School of Business and an AB in Economics, magna cum laude and Phi Beta Kappa, from Duke University. He also founded and leads the Boston Innovators Group, an organization which holds quarterly entrepreneur events drawing a thousand attendees.

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