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August 10, 2005


It's always the handshake. It's money for stuff. KISS

If only all VCs worked the way you claim to, there would be far fewer reports from bitter entrepreneurs. (Note that I use the word "claim" only because I've never worked with you and am going solely based on your self-descriptions here in the's not meant to imply that I disbelieve or even seriously doubt those claims.)

Everything you say in this post seems like eminently sensible business practice to the best long-term interests of both entrepreneurs and VCs. It's too bad that legal agreements intended to _prevent_ the parties from trying to unfairly exploit each other are being twisted into serving as the means of that very exploitation.

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