It is the story of my adult life. A VC dispatches me to some city to perform due diligence on a company he/she contemplates investing in. Upon arrival I meet the “reception committee.” It usually includes the CEO, the CTO and the CMO. Nine times out of ten the folks on the committee are intelligent, knowledgeable and accomplished. Moreover, they do their very best to charm me. I still remember the reception committee from the due diligence on Tideway I did for Apax Partners some seven years ago. The folks were awesome. I am fairly certain they could convince birds to fly off the tree if they chose to apply their very many talents toward …

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