Bill Burnham, an early investor in Datapower, recently detailed the lessons he learned through his investment in the company. I have listed the overall lessons learned below, but I recommend reading the entire post here.
- Local presence matter.
- Sometimes VCs should keep their mouths shut.
- Shotgun Weddings Don’t Work.
- VCs can indeed be very unethical.
Bill actually describes the history of his involvement in Datapower in great detail. Very interesting stuff.