[35362] in North American Network Operators' Group

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Re: new.net: yet another dns namespace overlay play

daemon@ATHENA.MIT.EDU (Miles Fidelman)
Wed Mar 7 16:40:44 2001

Date: Wed, 7 Mar 2001 16:30:26 -0500 (EST)
From: Miles Fidelman <mfidelman@civicnet.org>
To: nanog@merit.edu
In-Reply-To: <Pine.LNX.4.21.0103061050010.28075-100000@poppa.thick.net>
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On Tue, 6 Mar 2001, Rich Sena wrote:

> I can personally attest that VC's do not do any research when doling out
> the guappa...

It really depends on the VC. The old line (read as successful) VCs do a
LOT of due diligence. The problem (or opportunity) is that there's an
awful lot of money chasing a small number of really well put together
startups. So... a lot of money either sits in T-bills or gets invested in
ill-advised places.

Miles

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Director, Municipal Telecommunications 
Strategies Program			    617-558-3698 fax: 617-630-8946
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Information Infrastructure: Public Spaces for the 21st Century 
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