Outstanding Partner Though Challenging Situation
Fund: Menlo Ventures
Posted by Anonymous on 2011-07-01
I cannot imagine a better VC partner. I joined as CEO during a rough transion, at a point when most VCs would have probably abandoned our ship. Mark Siegel is an extremely effective board member and advisor. He never forced any issue, and was highly effective asking the right questions and offering advice while we worked our way through a complex situation over an extended period of time. Menlo's partners blew us away when our management team went to them to report that we had to execute a significant "pivot" and needed them to provide additional bridge financing to do so. They deomnstrated a keen understanding of our market, poked hard at our assumtions and plans, and stuck with us when we needed them most. Ultimately we found a buyer and managed a decent exit. I'll take my next opportunity to them first.
PRIVATE: Members Only (159 Characters)