@paulg Because Silicon Valley investors would never do that (offer sky high valuations and then witness away)...what utter BS.
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@Jasongn Though I think you meant that sarcastically, you're right. Established SV investors treat termsheets as binding.
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Beware assholes, in or out of SV. RT
@paulg: Andreessen: Beware Non-Silicon Valley Investors Bearing High Valuations: http://on.wsj.com/1g4N41mThanks. Twitter will use this to make your timeline better. UndoUndo
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Thanks. Twitter will use this to make your timeline better. UndoUndo
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Too good to be true = probably is. "
@paulg:@pmarca: Beware Non-Silicon Valley Investors Bearing High Valuations: http://on.wsj.com/1g4N41m ” - 1 more reply
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My term-sheet is my bond “
@paulg: Andreessen: Beware Non-Silicon Valley Investors ... http://on.wsj.com/1g4N41m ”#myfingerwascrossedThanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg There is definitely a different approach with *most* SV investors, but not all. Most treat TS as binding unless bad diligence.Thanks. Twitter will use this to make your timeline better. UndoUndo
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“
@paulg: Andreessen: Beware Non-Silicon Valley Investors Bearing High Valuations: http://on.wsj.com/1g4N41m ”Thanks. Twitter will use this to make your timeline better. UndoUndo
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Por aqui tenemos otros problemas RT
@paulg: Andreessen: Beware Non-Silicon Valley Investors Bearing High Valuations: http://on.wsj.com/1g4N41mThanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg@foundersatwork@pmarca seems like classic sign of frothy market (not using b word), too much $ chasing too few deals.Thanks. Twitter will use this to make your timeline better. UndoUndo
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"Getting control of the property" has long been SOP among real estate buyers. Not good for bldg trust.
@paulg@pmarca http://on.wsj.com/1g4N41mThanks. Twitter will use this to make your timeline better. UndoUndo
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“
@paulg: Andreessen: Beware Non-Silicon Valley Investors Bearing High Valuations: http://on.wsj.com/1g4N41m ” also known as muppets!Thanks. Twitter will use this to make your timeline better. UndoUndo
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“
@paulg: Andreessen: Beware Non-Silicon Valley Investors Bearing High Valuations: http://on.wsj.com/1g4N41m ”Thanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg This sounds familiar...it didn't go well the last time...just a heads-up, in case anyone missed the markets this week...Thanks. Twitter will use this to make your timeline better. UndoUndo
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