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Confessions Of A VC: Crap – Why I Passed On Uber’s Seed Round

InfoChachkie

As discussed in Why I Passed On Twilio , VC's love to talk about their successes, but seldom publicly acknowledge their mistakes. It is far more detrimental to one’s returns to make investments in companies which fail to return capital. Thus, while it is painful for a great investment to pass you by, the pain is wistful, not acute.