In addition to that, VCs are herd animals. The knowledge that another VC is inte... | Hacker News

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btilly on July 15, 2010 | parent | context | favorite | on: When to raise money - Tip from a VC

In addition to that, VCs are herd animals. The knowledge that another VC is interested makes it easier for the other VCs to believe that you're hot. (Similar to the article yesterday about hot supermodels.)

atiw on July 16, 2010 [–]

And very similar to high school/ college (undergrads?). I wonder if that's the reason charismatic founders end up succeeding.....Jobs, Zuck.....come to mind.

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