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Lightspeed India

Fund: Lightspeed Venture Partners

Posted by beaupeep on 2007-10-26

PUBLIC:

Do other VCs hear your ideas too, even when they're at advanced stage of due diligence with your competitor" :)

Talked to a partner in India about our company. He was very attentive & seemed to know all about the space, which is rare. Little did I know that he was just gathering all the competitive info from me, while closing a round with our competitor. The announcement came 10 days later that they funded our competition. He could have simply told us "No Meeting". But then that would be too ethical" :)

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