Comments on: Battery Ventures’ mistake on Facebook http://venturebeat.com/2007/09/11/battery-ventures-mistake-on-facebook/ News About Tech, Money and Innovation Mon, 23 Nov 2009 21:25:39 +0000 http://wordpress.org/?v=2.8.5 hourly 1 By: Sequoia and Battery raise piles of cash for new funds » VentureBeat http://venturebeat.com/2007/09/11/battery-ventures-mistake-on-facebook/comment-page-1/#comment-827770 Sequoia and Battery raise piles of cash for new funds » VentureBeat Fri, 05 Sep 2008 19:44:28 +0000 http://venturebeat.com/2007/09/11/battery-ventures-mistake-on-facebook/#comment-827770 [...] companies such as HighJump. The fund also managed to gain a bit of notoriety after, in 2004, it passed on investing in a small, nascent social networking company called Facebook. Tags: co: Battery Ventures, co: Sequoia Capital SHARETHIS.addEntry({ title: "Sequoia and [...] [...] companies such as HighJump. The fund also managed to gain a bit of notoriety after, in 2004, it passed on investing in a small, nascent social networking company called Facebook. Tags: co: Battery Ventures, co: Sequoia Capital SHARETHIS.addEntry({ title: “Sequoia and [...]

]]> By: Dave http://venturebeat.com/2007/09/11/battery-ventures-mistake-on-facebook/comment-page-1/#comment-527620 Dave Wed, 12 Sep 2007 00:57:15 +0000 http://venturebeat.com/2007/09/11/battery-ventures-mistake-on-facebook/#comment-527620 Redpoint Ventures passed on Facebook when they had a chance to buy in at a $4MM valuation. Ouch! Redpoint Ventures passed on Facebook when they had a chance to buy in at a $4MM valuation. Ouch!

]]> By: Andrew Fife http://venturebeat.com/2007/09/11/battery-ventures-mistake-on-facebook/comment-page-1/#comment-527480 Andrew Fife Wed, 12 Sep 2007 00:03:46 +0000 http://venturebeat.com/2007/09/11/battery-ventures-mistake-on-facebook/#comment-527480 "It’s hard to argue the West is more self-centric or snobby than the East Coast." I agree with you at the highest level, but if we are talking about the niche of VCs and not society in general than then this becomes a harder statement for me to believe. But I'm not sure there really is anything wrong with VCs being Silicon Valley centric. Aren't investment bankers Wallstreet centric, lobbiests Washington centric and Entertainers L.A. centric? “It’s hard to argue the West is more self-centric or snobby than the East Coast.”

I agree with you at the highest level, but if we are talking about the niche of VCs and not society in general than then this becomes a harder statement for me to believe. But I’m not sure there really is anything wrong with VCs being Silicon Valley centric. Aren’t investment bankers Wallstreet centric, lobbiests Washington centric and Entertainers L.A. centric?

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