Interview with Jeb Spencer, TVC Capital
socalTECH
MARCH 30, 2011
Around the 2006 timeframe, they hit $3M, and we saw the unique position that they could occupy in the industry. We raised our fund in 2006 to follow this exact model. They were big names--Fortune 500 customers. We spent time talking with them over the next 18 months, because they fell below our $3M revenue threshold for investment.
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