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Interview with Jeb Spencer, TVC Capital

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It was interesting to see the acquisition of Accordent - it seems unusual to have only put in $4M in to a company in so many years, and yet you had a good exit? If we're up against a Kleiner Perkins term sheet, or a Draper Fisher Jurvetson term sheet, the company is going to go with the big name, even if our valuation is higher.

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