Nivi · December 2nd, 2008
Thanks to Charles River Ventures for sponsoring Venture Hacks.
After our first post on CRV’s sponsorship, people suggested we make the sponsorship more “real”. We are down with that.
So here’s an e-mail that George Zachary from CRV sent me—I’m sharing it with his permission. It gives a good sense that CRV is “open for business”:
From: George Zachary
Date: Thu, Nov 6, 2008
Sorry for the delay amigo. Just been s-w-a-m-p-e-d with 3 new investments for CRV in the last 2-3 weeks. We are closing docs on one of them today/tomorrow. I issued a term sheet on another last Friday that’s now signed and in major diligence/docs mode. And just about to shake hands on a 3rd probably tomorrow. All are consumer internet.
Probably the busiest 2-3 week period I have ever had since 1995 in venture.
Also, prepping for my annual LP meeting in Boston which runs from this coming Monday through Wednesday. So, swamperoo’d.
Apologize on the delay.
The text looks good with one exception. “Initial investment can be as small as $100K…” instead of the $25K.
Thank you for doing this!
What is new with you?
Thank you and sorry for my humongous delay,
Yes, George actually sent me this email. I added the emphasis and hyperlink.