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The Dark Side

Fund: RRE Ventures

Posted by Anonymous on 2010-10-19

PUBLIC:

Pitched these guys after a very warm intro. Pitches went excellent and they said they wanted to begin preliminary due diligence before getting a term sheet over.

Followed up a few times asking what they needed to get started on the due diligence, no response. Followed up again, no response.

They just went totally dark. At least have the balls and class to send a quick pass email.

In any case, we're having the last laugh, having raised 2 rounds from far superior investors, with more user traction than most of their early stage portfolio. And we're grateful they aren't involved given some of the scary stories we've heard from some of their portfolio company CEOs who've hit rough patches.

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