1. We value trust, respect, and consensus. We don’t invest in companies that everyone is not 100% behind. We never vote. We don’t exercise vetos. We don’t yell. We don’t blame each other for our failures, we blame our team, our process, and our collective decision making.

    We are a true partnership where each person contributes deeply to our collective success. Trust and respect are the key operating words. And once a partner has worked one fund with us together, we are equal partners and share in the profits equally. We don’t want to have too many partners and I don’t think we will add many more.

    http://www.avc.com/a_vc/2011/03/my-partners.html
    2. 1 year ago