I spotted this company in their seed stage and wanted to invest. The founders asked us to provide names for reference checks, etc - a bit unusual, but we were almost done with the commitment, so why not?
After quite a lot of work, introductions, and back and forth, they told us: sorry, Google Ventures is investing and we're kicking everyone else out, despite we expected an allocation at that point (50k, not very large). Not nice by them, and not nice by GV, but... Just another lesson learned in the epicenter of startup investing which is San Francisco. This was Feb 2015. Wow, almost 10 years ago. Time flies.
I am still happy to see they've been successful at building the company. I loved the product from the very beginning.
After quite a lot of work, introductions, and back and forth, they told us: sorry, Google Ventures is investing and we're kicking everyone else out, despite we expected an allocation at that point (50k, not very large). Not nice by them, and not nice by GV, but... Just another lesson learned in the epicenter of startup investing which is San Francisco. This was Feb 2015. Wow, almost 10 years ago. Time flies.
I am still happy to see they've been successful at building the company. I loved the product from the very beginning.