I understand that view. And I've certainly been burned. Still, if you're dealing with a VC there is much you can do to reference check them before signing a ter

I understand that view. And I've certainly been burned. Still, if you're dealing with a VC there is much you can do to reference check them before signing a term sheet. This involves talking with portfolio companies that DID NOT succeed. I spoke about it here: http://www.bothsidesofthetable.com/2010/02/08/how-do-you-reference-check-a-vc/ http://www.bothsidesofthetable.com/2010/02/08/how-do-you-ref...