Writing for Fortune, Polina Marinova has gathered up confessions from venture capitalists who passed on companies that would become massive successes. It’s a fun read (via The Loop), but it’s also interesting. Included are comments about Apple. BVP partner Neill Brownstein called the company “outrageously expensive” before Apple went on to what was then the largest IPO in almost three decades. Another VC at BVP passed on Ebay, saying, “Stamps? Coins? Comic books? You’ve GOT to be kidding.” And yet another to Facebook cofounder Eduardo Saverin: “Kid, haven’t you heard of Friendster? Move on. It’s over!” Check out the full piece, because there are lots more.
Check It Out: VC Confessions: Apple ‘Outrageously Expensive,’ Hasn’t Facebook Heard of Friendster?
Doh !
What a Homer moment or 4 or 5