Fred’s post on Venture Fratricide is right on the the collusionary line and is certainly gonna startup a major debate. I just posted to his blog I was feeling very uncomfortable just reading about VCs talking inside like this your mind immediately goes to price (valuation) fixing which is also know as entrepreneur hell.
That being said I always give Fred the benefit of the doubt because I know he has good intentions and I know a ton of entrepreneurs who’ve worked with and loved him.
Just watch the line Fred you’re dancing on it.
My comments are under his post here: http://avc.blogs.com/a_vc/2005/05/venture_fratric.html