Reid Hoffman of LinkedIn spoke at Yahoo! today. Several memorable quotes include advice on dealing with venture capitalists: 10% of VCs bring money and add value, 20% of VCs bring money, but are neutral as far as adding value to the company, 70% bring money but add negative value. Also, don’t jump in bed with VC until you’ve had two Powerpoint pitches and a dinner.
Reid Hoffman on venture capital
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