The anti portfolio: When VCs screw up ….

This is very inspiring .. especially for people like me who never managed to raise any money in the dot com era when everyone else seemed to be .. but yet went on to set up a web based business post dot com – enjoy .. the antiportfolio ..

The ones I liked best are

Federal Express

Incredibly, BVP passed on Federal Express seven times.


Cowan’s college friend rented her garage to Sergey and Larry for their first year. In 1999 and 2000 she tried to introduce Cowan to “these two really smart Stanford students writing a search engine”. Students? A new search engine? In the most important moment ever for Bessemer’s anti-portfolio, Cowan asked her, “How can I get out of this house without going anywhere near your garage?”