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Don’t Take Angel Investments From VCs

The guys over at Venturehacks have come up with an excellent idea to create a curated list of tech-focused angel investors. While I fully support the project, I did notice that the list of “angels” includes a number of GPs at traditional Venture Capital firms. I know many of the GPs and they are all great people and great investors, but this situation reminded me of one of my critical fundraising rules for entreprenuers: Don’t take angel investments from VCs.

Why not? you ask. Well let me tell you a story to illustrate the point:

Bill Burnham

Full Story: http://billburnham.blogs.com/burnhamsbeat/2010/02/dont-take-angel-investments-from-vcs.html

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