Archives for 22 November 2007
EP133: Other People’s Money
Published on 22 Nov 2007 at 7:43 pm.
55 Comments.
Filed under Podcasts, Rated G.
Read ‘EP133: Other People’s Money’
-->By Cory Doctorow.
Read by Amanda Fitzwater.
First appeared in Forbes Magazine, October 2007.
Which is why she was hoping that the venture capitalist would just leave her alone. He wasn’t a paying customer, he wasn’t a fellow artist — he wanted to *buy* her, and he was thirty years too late.
“You know, I pitched you guys in 1999. On Sand Hill Road. One of the founding partners. Kleiner, I think. The guy ate a salad all through my slide-deck. When I was done, he wiped his mouth, looked over my shoulder, and told me he didn’t think I’d scale. That was it. He didn’t even pick up my business card. When I looked back as I was going out the door, I saw his sweep it into the trash with the wrapper from his sandwich.”
The VC — young, with the waxy, sweaty look of someone who ate a lot of GM yogurt to try to patch his biochemistry — shook his head. “That wasn’t us. We’re a franchise — based here in LA. I just opened up the Inglewood branch. But I can see how that would have soured you on us. Did you ever get your VC?”
Rated G. Contains Byzantine finance and potentially disturbing art.
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