| | A VC: VC Cliché of the Week |
 | | When you spray and pray, your firm becomes more associated with access to capital and less associated with the other things a venture firm can bring to the table. |
 | | I would argue that for most companies to truly benefit from VC financing, the VC needs to maintain some distance from the company or else they risk being sucked into believing the story and lose their objectiveness which is required when things aren't going so well and the company needs to be refocused (or abandoned). |
 | | Feb 8, 2006 3:58:13 PM It would strike me that Spray and Pray is the investment methodology of choice for a VC with more money than sense, or who is, like a craps player, trying to cover as many points as possible while a good thrower holds the dice. |
| avc.blogs.com /a_vc/2006/02/vc_clich_of_the_1.html (980 words) |