The top 10 kinds of VCs to avoid

FoundRead has a post called 9 VCs You’re Gonna Want to Avoid (but there are actually 12). It particularly applies to startups who already have revenues, who are now being courted by VCs. It’s an open question, but I’d just like to ask the general UK startup community out there: What do you think would be the UK/European equivalent? Here are some suggestions (inspired by that post) to get you going:

1 ) Mr. Armchair (Lots of opinions about Google)
2 ) Mr. One-Hit-Wonder. (Sold a dotcom in the late 90s. That’s it.)
3 ) Mr. Revisionist Historian (Invested in eBay after it went public)
4 ) Mr Arsehole (Nice one minute, nasty the next. Divorce is a hobby. Fun to get pissed with though).
5 ) Mr. Blue Blood (5th-generation money, smart, but always knows better than you).
6 ) Mr. Mr Aggressive (Wants you to float next week).
7 ) Mr. Product Manager (Micro managing your business - and you - so you don’t have to)
8 ) Mr. Regurgitator (Brings up every case study, just not the one right for your business)
9 ) Mr. Imitator (Read an urban myth about a VC who got 20% of a company)
10 ) Mr. Retired-on-the-Job (Well off, but no longer mentally firing on all cylinders)

Oh, and here’s a bonus:

11) Mr Tranche (Happy to back you this year, but next year… well, let’s see how the first year goes)

This entry was posted on Tuesday, January 8th, 2008 at 7:44 pm and is filed under TCUK. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.