Is it 1999 already?

Wednesday May 31, 2006

If the number of friends sending me business plans for comments or help tweaking is any indication, its 1999 all over again.

Looking at the once again crowded venture capital space you have to admire Bessemer Venture Partners for publishing their pass list.

As you read through the hilarious reasons they decided against investing in companies like Apple Computer (I’d still pass on that), Fed Ex, and eBay - don’t start feeling sorry for them or get the feeling that they don’t know what they are doing until you also take a browse through the portfolio of companies that they said “Yes” to.

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