July '09 will go down as a very interesting month in memory for me. For the 1st time one of my investment companies has attracted keen interest from several VC firms, so exciting times for us there. I am so proud of the founder and his hard work.
On the exact opposite end, another one of my investments, this time a web media business, which was not going anywhere in the 1st place, the founder copied all the data and users of the original website to start a parallel website! How sad! I guess some people just don't have it in them when it comes to building something.
More to come in later posts on the business that is attracting VC investments...
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