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	<title>Push cx &#187; dancing</title>
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	<description>A traveling geek&#039;s blog on development, games, and the web</description>
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		<title>VC Firms Getting Dickensian</title>
		<link>http://push.cx/2008/vc-firms-getting-dickensian</link>
		<comments>http://push.cx/2008/vc-firms-getting-dickensian#comments</comments>
		<pubDate>Wed, 17 Dec 2008 20:15:21 +0000</pubDate>
		<dc:creator>Peter Harkins</dc:creator>
				<category><![CDATA[Biz]]></category>
		<category><![CDATA[dancing]]></category>
		<category><![CDATA[investing]]></category>
		<category><![CDATA[organ grinder]]></category>
		<category><![CDATA[VC]]></category>

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		<description><![CDATA[The VC firm First Round Capital released a video Holiday Card with a clip of dancing from each company they&#8217;ve invested in. No, really: Some people, when asked to jump, ask &#8220;How high?&#8221; The VC says &#8220;Dance!&#8221; and they say &#8220;What style?&#8221; VCs want their startups to take huge risks in growing fast because their [...]]]></description>
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The VC firm First Round Capital released a video <a href="http://push.cx/wp-content/plugins/wordpress-feed-statistics/feed-statistics.php?url=aHR0cDovL2hvbGlkYXkuZmlyc3Ryb3VuZC5jb20v">Holiday Card</a> with a clip of dancing from each company they&#8217;ve invested in. No, really:
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Some people, when asked to jump, ask &#8220;How high?&#8221; The VC says &#8220;Dance!&#8221; and they say &#8220;What <a href="http://push.cx/wp-content/plugins/wordpress-feed-statistics/feed-statistics.php?url=aHR0cDovL3doZXJldGhlaGVsbGlzbWF0dC5jb20=">style</a>?&#8221;
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<p>
VCs want their startups to take huge risks in growing fast because their own risk is spread across a large portfolio of companies: it&#8217;s fine if most crash and burn as long as a few succeed huge. If you are an individual startup, this strategy sucks. You don&#8217;t have a partnership when your goals are in opposition; at best you have a boss and a job. At worst, the VC is an organ grinder and you&#8217;re the monkey.
</p> <img src="http://push.cx/wp-content/plugins/wordpress-feed-statistics/feed-statistics.php?view=1&post_id=377" width="1" height="1" style="display: none;" />]]></content:encoded>
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