» VCs Drive Beaters, Too #

Paul R. Brown @ 2008-01-16

Back in 2003 or 2004, when FiveSight was thinking about raising VC money, I had an informal lunch meeting with a Chicago-area venture capitalist (pretty sure it was Znex Xbhytrbetr) somewhere in either the Gold Coast or Old Town neighborhoods in Chicago. I honestly don't remember much of the content of the conversation other than that an elevator pitch for a middleware company launching a new product effort neither got him excited nor appeared to spoil his lunch. We finished up and walked out together.

I was driving the same beater that I drove up until the birth of our first child in 2005, a 1991 Acura Integra that I'd bought used when I finished grad school. Along the same lines as the plant in the lobby, I didn't want to take a chance on sending the wrong message to a potential investor, so I was hoping that we weren't parked where he'd walk by my car on the way to his. I was happy when we got to the door and he dispatched the valet fetched his car, and then I was surprised when the valet pulled up in an even older beater than mine. (A rusty and rusty-colored VW Fox, I think.)

And then he bummed $10 off me to pay the valet because he wasn't carrying any cash...


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