I definitely have never argued that all VCs are good or even that good VCs always act appropriately. That's for sure. I think the key is knowing the parties wi

I definitely have never argued that all VCs are good or even that good VCs always act appropriately. That's for sure. I think the key is knowing the parties with whom you're dealing and knowing their past behavior. I advocate reference checking portfolio companies that failed: see 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...