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BeyondVC: Remember Long Term Capital?

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BeyondVC: Remember Long Term Capital?
Topic: Miscellaneous 4:05 pm EDT, Apr 10, 2006

I was having lunch with a friend recently who was telling me about some of his dealings with Google over the last year. As an ex-Wall Street guy, it struck him that some of the meetings he had with Google were like the ones he had at Long Term Capital years ago. Even when LTC was about to crater, he remembers going to their offices, being sequestered into an off-campus conference room, and not being able to get any information out of them to even help bail them out. In addition, people would show up and leave during the meeting, take notes, and not even introduce themselves. Well, it turns out that his meetings with Google over the last year were pretty similar. While the Google employees were clearly bright and technical, my friend was not sure who the decision maker was and what they actually wanted to do with the company.

Very interesting article drawing parallels between LTCM ("When Genius Failed") and Google.

BeyondVC: Remember Long Term Capital?



 
 
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