Remix.run Logo
metadat 5 hours ago

Tell us one or two, then!

AndrewKemendo 2 hours ago | parent [-]

The (fun?) one that stands out the most were the Pittsburgh Angels (2013 probably) and they literally have a long round table that they dine at in a closed off room in this country club. They take like one or two pitches a month and tell you that they generally do 300-500k checks.

I was invited and drove 3 hours. They then put you in a giant dining room with all the country club members eating dinner, with your own table by yourself. They tell you to order whatever you want, and wait there, and when the group is ready you'll be summoned to dance.

Anyway, whenever they are ready which was like an hour and a half, they call you in and you have to be ready.

While they loudly eat dessert you are supposed to walk around this 20' long table pitching them whatever you're doing and then you have to take questions from them, while still walking around a table. No presentation place, no place to sit, no real way to talk with everyone, you're always talking over someone's head.

Then they say thank you and on the way out you get a bill for whatever you ate.

That was one of the "nice" ones. There's tons of bullshit networks like TiE, Keiretsu forum, YoungPresidentsOrganization shit like that are all social clubs for wannabe oligarchs.

I think every Chinese backed firm on sand hill road at the time was a front for Chinese billionaires money laundering, I'm sure I have the giant spreadsheet of funds I talked to from 2016 that later turned out to be almost exactly that like Rothenberg Ventures.

The bad ones are LP's sexually assaulting people and being told to ignore it or that it's no big deal (I didn't ignore it and people got fired). Or when LPs push CEOs to fire more people than they need to, or to raise money through some shady vehicle to get it off the books. Not to mention seeing too many people that later were in the Panama/Epstein files.

Literally horrific

anonym00se1 2 hours ago | parent [-]

They tell you to order whatever you want, then surprise you with a bill at the end?

AndrewKemendo 2 hours ago | parent [-]

I was also baffled