it’s a bird, it’s a plane, no it’s super-vc!
May 14, 2007 – 10:35 am
Noted New York VC Fred Wilson’s comment on his non-involvement with any of the purported machinations going on with wallstrip, the online video show, raises a great point. VC’s are not super-men/women or the masters of the universe that perhaps the public might perceive. In almost every case, the credit for success and failure of a vc-backed startup goes to the team. Yes, VC’s can stick their fingers and muck up the works but that’s only because founders let them - at least in my experience. So the next time you see a huge success, congratulate the team, not the VC’s.
