Repeating as public service announcement of what folks in the know tell each other:
Vinod has a very negative reputation in the Valley. He used to be known as the biggest anti-founder VC when he was at Kleiner. He'd come in, use sharp elbows to push founders around and out, then companies would crumble. He's learned but not enough.
His new marketing of himself has helped (as has Rabois), but you can't change who he is. When given a chance, he'll take advantage of early stage startups. That's why you don't see many companies he's made. And he's been at it a long time - 27 years! He gets in the way because it's all about him and his huge, insatiable ego. He's much more old school VC in that way - but in the Tom Perkins vein, not Don Valentine. It's his way because it's his money.
The only way to keep Vinod honest is to get other investors. If he's your lead, the knife isn't far from your back.
Vinod has a very negative reputation in the Valley. He used to be known as the biggest anti-founder VC when he was at Kleiner. He'd come in, use sharp elbows to push founders around and out, then companies would crumble. He's learned but not enough.
His new marketing of himself has helped (as has Rabois), but you can't change who he is. When given a chance, he'll take advantage of early stage startups. That's why you don't see many companies he's made. And he's been at it a long time - 27 years! He gets in the way because it's all about him and his huge, insatiable ego. He's much more old school VC in that way - but in the Tom Perkins vein, not Don Valentine. It's his way because it's his money.
The only way to keep Vinod honest is to get other investors. If he's your lead, the knife isn't far from your back.